Fidelity Seeks Approval for Ethereum ETF, Joining BlackRock in the Race
Asset management firm Fidelity, which oversees $4.5 trillion in assets, has submitted a filing to the SEC to seek approval for a spot Ethereum exchange-traded fund (ETF). The proposed Fidelity Ethereum Fund would be listed and traded on the Cboe BZX Exchange, with each share representing a fractional undivided beneficial interest in the Trust's net assets. This move follows BlackRock's recent filing for a spot Ether ETF, the iShares Ethereum Trust, with the SEC on November 16. Further updates on this developing story will be provided as they become available.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Will List Dark Eclipse (DARK) in the Innovation, Meme and AI Zone
Stellar Sees $3B of Real World Assets Coming On-Chain in 2025
Arbitrum has launched its new transaction sorting strategy Timeboost on Arbitrum One and Nova
JPMorgan Chase CEO: Trade war damages U.S. credibility
Trending news
MoreCrypto prices
More
