Monochrome Asset Management and Vasco Trustees Limited have submitted an application to Cboe Australia for the listing of the Monochrome Ethereum ETF (code: IETH). This move aims to meet the demand of Australian investors for regulatory-compliant crypto asset investments, with IETH set to be the second important product after the Monochrome Bitcoin ETF (code: IBTC) launched in June. IETH will operate on a dual-track system, allowing investors to subscribe and redeem using either cash or physical assets. Upon approval of the listing application, Monochrome anticipates that IETH will be officially listed and trading on Cboe Australia by the end of September 2024, with services provided on major brokerage platforms.