Monochrome confident as it files for Australia's first ETF to hold Ether directly

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 Speaking to Cointelegraph, Jeff Yew, CEO of Monochrome Asset Management, said he expects …