ChainCatcher news, Australia's first Ethereum spot ETF Monochrome Ethereum ETF (IETH) has been listed on Cboe Australia, and as of 2 pm local time, the total net assets have reached $176,600 (AUD$262,500).
The fund's management fee is 0.50%, and it provides physical application and redemption, allowing cash or ETH trading, and is Australia's only dual-access spot Ethereum ETF.
BitGo and Gemini are the cryptocurrency custodians of this ETF, and State Street Australia is the fund manager.