Monochrome to Launch Australia's First Ethereum Spot ETF on Cboe October 14

Oct 14, 2024, 03:11 AM

Monochrome Asset Management is set to launch Australia's first Ethereum spot ETF (IETH) on Cboe Australia, beginning trading on October 14. The fund will position itself as the world's first to provide physical Ethereum subscription and redemption. This marks a significant milestone for the Australian financial market, offering investors direct exposure to Ethereum. The launch follows a series of underwhelming debuts of Ethereum ETFs globally.