Monochrome Applies to List Ether ETF (IETH) on ASX

Monochrome Asset Management announced that it has filed an application for listing of the Monochrome Ether ETF (symbol: IETH) with the Cboe Australian Exchange, along with its Responsible Entity partner, Vasco Trustees Limited. IETH will be a passive holding of Ether, providing retail investors with a regulated opportunity to invest in the second largest crypto asset by market capitalization. IETH will utilize a dual access mechanism that will allow investors to make both cash and physical subscription redemptions. Subject to listing approval, Monochrome expects the IETH to be listed on the Cboe Australian Exchange by the end of September 2024 and will be available for trading on prime brokerage platforms.