Australia's first Ethereum spot ETF has been listed on Cboe, with BitGo and Gemini as its crypto custodians

2024-10-15 12:15:10

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ChainCatcher news, Australia's first spot Ethereum ETF Monochrome Ethereum ETF (IETH) has been listed on Cboe Australia, with a total net asset reaching $176,600 (AUD 262,500) as of 2 PM local time.

The fund has a management fee of 0.50% and offers physical creation and redemption, allowing for cash or ETH trading, making it Australia's only dual-access spot Ethereum ETF.

BitGo and Gemini are the cryptocurrency custodians for the ETF, while State Street Australia is the fund manager.

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