PANews|Jun 26, 2026 07:45
[CommSec Imposes 'Sell-Only' Restriction on Australian Crypto ETFs]
Monochrome CEO Jeff Yew posted on the X platform that CommSec, the online securities trading platform under the Commonwealth Bank of Australia, has temporarily imposed a 'sell-only' restriction on several Australian crypto ETFs with physical redemption features. IBTC and IETH can still be traded through other brokers. Jeff Yew stated that they are in communication with CommSec to ensure a full understanding of the physical creation and redemption framework and investor protection mechanisms of IBTC and IETH—features that remain rare among global crypto ETFs.
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