Oct 14, 2024

Monochrome launches Australia’s first spot Ethereum ETF (IETH) on Cboe. 

IETH launches after Monochrome’s Bitcoin ETF, which amassed $15 million since August 2023. 

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IETH offers the world’s first in-kind Ethereum subscriptions, allowing for greater tax efficiency.

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IETH avoids capital gains tax, allowing long-term Ethereum transfers without title changes.

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BitGo and Gemini provide custody services, with State Street Australia as the fund administrator.

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