Publicly-listed asset management firm Samara Asset Group is set to increase its Bitcoin holdings by utilizing proceeds from a €30 million ($32.8 million) bond. In an announcement made on October 14, the firm revealed that it has engaged the investment bank Pareto Securities as the sole manager to coordinate a series of fixed investor meetings.

Samara Asset Group plans to expand its Bitcoin holdings by using funds from a €30 million ($32.8 million) senior secured Nordic bond. According to an October 14 announcement, the Malta-based investment firm said it would use proceeds from a 30 million euro bond offering to add more Bitcoin to its reserves.

The Monochrome Ethereum ETF is being positioned as the first ETH ETF to offer in-kind subscriptions and redemptions for the largest altcoin by market cap. According to the asset manager’s CEO, Jeff Yew, this differing model might provide greater tax efficiency to investors, making the fund more attractive than its US competitors.

Monochrome Asset Management is set to launch Australia's first Ethereum exchange-traded fund on Cboe, following the approval of its Bitcoin ETF in August 2023. The fund allows in-kind Ethereum subscriptions and redemptions for tax efficiencies, aiming to differentiate itself from U.S. counterparts.

Australia’s Monochrome Asset Management is launching the country’s first spot Ethereum exchange-traded fund (ETF). The product, dubbed IETH, will begin trading on Monday on the Australia Cboe exchange.