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Monochrome Launches Unique Ethereum ETF with Tax Benefits in Australia

Monochrome Launches Unique Ethereum ETF with Tax Benefits in Australia


coinpedia
2024-10-14 05:53:18

The post Monochrome Launches Unique Ethereum ETF with Tax Benefits in Australia appeared first on Coinpedia Fintech News Australia’s Monochrome Asset Management has launched a new Ethereum ETF (IETH) on the Cboe exchange, featuring a tax-efficient structure not seen in US ETFs. Unlike traditional ETFs, Monochrome’s offering allows in-kind Ether subscriptions and redemptions, letting investors avoid immediate capital gains taxes by maintaining legal ownership through a dual-access trust. This unique feature is expected …


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