Monochrome Asset Management and its responsible entity partner, Vasco Trustees Limited, have submitted an application to Cboe Australia to launch the Monochrome Ethereum ETF (code: IETH). The launch of the IETH will expand the regulated crypto asset investment options available to Australian investors, following on from the launch of the Monochrome Bitcoin ETF (code: IBTC) in June this year. The IETH will also be a dual access fund that will allow investors to make both cash and physical applications and redemptions. Subject to listing approval, Monochrome expects IETH to be listed on Cboe Australia by the end of September 2024 and available on prime brokerage platforms.