Monochrome Asset Management is set to introduce its Ethereum ETF (IETH) on the Cboe exchange in Australia. At the same time, SUI has soared by 124% in the past month, standing out in a tough crypto market.
On the other side, BlockDAG’s presale is also heating up, quickly approaching the $100 million mark. People are eager to buy BlockDAG (BDAG) coins at potentially the lowest prices. With predictions that BDAG could reach $20 by 2027, the presale is seeing a rush as people hurry to buy before it’s too late.
Monochrome’s Ethereum ETF to Launch in Australia
Monochrome Asset Management is ready to launch its Ethereum ETF (IETH) in Australia on the Cboe exchange, starting Monday. This follows the success of its Bitcoin ETF (IBTC). The IETH offers a tax advantage for those adding Ethereum, thanks to its trust structure.
Though the Australian market might not see as large investments as U.S. ETFs, Monochrome is optimistic about growing interest in Ethereum. The ETF will mirror the CME CF Ether-Dollar Reference price and charge a 0.50% management fee, lower for certified advisers. This ETF presents a simple, tax-friendly option for engaging with Ethereum.
SUI’s Price on the Rise: Eyes Set on New Peaks
SUI has been climbing, outperforming the broader crypto market. In the past month, SUI surged by 124%, and recently spiked 20% in a day, unlike other major tokens. This boost is partly due to the upcoming addition of the USDC stablecoin on the Sui Network.
With USDC as the second-largest stablecoin, its introduction is likely to increase on-chain activity and investor enthusiasm. Additionally, support from a major crypto exchange is amplifying SUI’s visibility. Currently priced at about $2.01, SUI is showing signs of a strong upward trend, with many expecting it to reach new highs soon.
BlockDAG’s Presale Nears $100 Million Milestone
BlockDAG presale is rising rapidly, and excitement is building fast as the project nears the $99 million mark, almost hitting the huge $100 million milestone.
Crypto fans are hurrying to grab BDAG coins while they still can, feeling a strong fear of missing out as the window to buy them at this stage is closing fast. With BlockDAG being one of the hottest cryptos right now, the excitement is through the roof, and everyone is racing to get their piece before it’s gone.
Now’s the time for buyers to leap in
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Author: Adrian Barkley
