On October 15, the Monochrome Ethereum ETF (IETH) went live at bourse Cboe Australia in Sydney. According to Cboe Australia, total net assets reached $176,600 (AU $262,500) as of 2pm local time. The fund has a management fee of 0.50 per cent and offers physical applications and redemptions - allowing transactions in cash or ether - and is Australia's only two-channel spot ether ETF.