Monochrome’s CEO says the firm's Bitcoin ETF has seen growth off the back of its in-kind subscription mechanism and hopes an Ether ETF could see similar inflows.
Australian asset manager Monochrome Asset Management is confident of a "positive outcome" after filing for a spot Ether exchange-traded fund, the first in the country that holds the asset directly.
In a Sept. 5 announcement, the firm said it lodged an application to quote the Monochrome Ether exchange-traded fund (IETH) on Cboe Australia, with hopes to have it listed by the end of the month.
Source: Monochrome
