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SYDNEY, September 5, 2024 – Monochrome Asset Management is pleased to announce the firm, alongside its Responsible Entity partner Vasco Trustees Limited, has lodged an application to quote the Monochrome Ethereum ETF (Ticker: IETH) on Cboe Australia. IETH will passively hold Ethereum, offering retail investors a unique, regulated opportunity to gain exposure to the second-largest crypto-asset by market capitalisation.
The launch of the Monochrome Ethereum ETF (Ticker: IETH) will broaden the range of regulated crypto-asset investment options available to Australian investors and follows the launch of the recently quoted Monochrome Bitcoin ETF (Ticker: IBTC) in June this year. IETH will also be a dual-access fund which will allow cash and in-kind applications and redemptions for investors.
Subject to quoting approval, Monochrome expects IETH to be quoted on Cboe Australia towards the end of September 2024 and will be available on major brokerage platforms.
For more information and updates, follow Monochrome's official pages:
Register your interest for the Monochrome Ethereum ETF (IETH)
Twitter: https://twitter.com/MonochromeAsset
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Monochrome Asset Management Pty Ltd ABN 80 647 701 246 (Monochrome) is a Corporate Authorised Representative (CAR No. 1286428) of Vasco Trustees Ltd ABN 71 138 715 009 | AFSL 344486 (Vasco Trustees). Monochrome is the Investment Manager for the Monochrome Bitcoin ETF (IBTC) (ARSN 661 385 244) and the Monochrome Ethereum ETF (IETH) (ARSN 661 386 198). Vasco Trustees is the Responsible Entity and the issuer of interests in IBTC and IETH. The PDS and TMD for IBTC is available at https://monochrome.au and should be considered prior to investing. The PDS and TMD for IETH will become available at https://monochrome.au once the product is quoted and should be considered prior to investing. This information is general in nature and does not take into account any person’s individual objectives, financial situation or needs. In deciding whether to acquire an interests in IBTC or IETH and before investing, investors should read the PDS and TMD, and with the assistance of a financial adviser, consider if the investment is appropriate for their circumstances. Past performance is not indicative of future performance.
Monochrome Asset Management
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