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Australia’s first ETF directly holding Ether goes live

On Oct. 15, the Monochrome Ethereum ETF (IETH) went live on the Sydney-based equities exchange Cboe Australia with total net assets reaching $176,600.

The fund has a management fee of 0.50% and offers in-kind applications and redemptions — allowing transactions in either cash or Ethereum, and is the only dual-access spot Ether ETF in Australia.

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