Australia's first Ethereum spot ETF has been listed on Cboe, with BitGo and Gemini as its crypto custodians

ChainCatcher news, Australia's first spot Ethereum ETF Monochrome Ethereum ETF (IETH) has been listed on Cboe Australia, with a total net asset reaching $176,600 (AUD 262,500) as of 2 PM local time.

The fund has a management fee of 0.50% and offers physical creation and redemption, allowing for cash or ETH trading, making it Australia's only dual-access spot Ethereum ETF.

BitGo and Gemini are the cryptocurrency custodians for the ETF, while State Street Australia is the fund manager.