News with the tag "Monochrome Asset Management"

Monochrome is on the verge of launching Australia’s first spot Ethereum ETF, which is expected to begin trading on Cboe on Tuesday. The post Monochrome Set to Launch Australia’s First Spot Ethereum ETF on Cboe appeared first on TheCoinrise.com .

Australia’s first spot Bitcoin ETF will start trading on Tuesday in what is seen as a major stepping stone in the country’s cryptocurrency market. Issued by Monochrome Asset Management, the ETF named Monochrome Bitcoin ETF or IBTC debuts on the Cboe Australia Exchange as the market opens on June 4. ...

Australia is set to join Hong Kong, Canada and the U.S. in offering investors an ETF that invests in and directly holds Bitcoin.

The CEO believes investors will be inclined to seek exposure to Bitcoin in a more familiar, structured and protected regulatory environment.