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coinpedia 2024-10-14 05:53:18

Monochrome Launches Unique Ethereum ETF with Tax Benefits in Australia

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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