Sydney, Friday, September 6, 2024 – Monochrome Asset Management, together with its entity partner Vasco Trustees Limited, announced on September 5 that it had filed an application to list the new ETH exchange-traded fund (ETF) on Cboe Australia.
The proposed ETH ETF would trade under the ticker IETH.
The rollout of the new fund option would widen the regulated crypto-asset investment sphere, making it easier for retail investors to purchase into the fund via various methods.
The IETH fund option will facilitate the investors the dual access to accepting cash and in-kind applications, Monochrome said.
Monochrome anticipates the approval before the end of this month.
It is expected to expand IETH’s availability on major brokerage platforms in Australia after the approval, Monochrome said.
