Fidelity jumps aboard the spot ETH ETF train

Blockworks
Blockworks

17 Nov 2023 10:46 PM

According to the filing, the proposed rule change names the fund the Fidelity Ethereum Fund. The 19b-4 was filed with CBOE....

  • Fidelity has filed a 19b-4 application with the SEC for an Ethereum ETF.
  • The proposed rule change names the fund the Fidelity Ethereum Fund.
  • The investment objective of the Trust is to track the performance of ETH.
  • Fidelity's proposed ETH fund comes after BlackRock also filed a 19b-4 for an ether ETF.
  • Fidelity is also in the running for a spot bitcoin ETF.

The sentiment of the article is neutral. It provides factual information about Fidelity filing a 19b-4 application for an Ethereum ETF, along with mentioning BlackRock's similar filing.

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You May Ask

What type of ETF did Fidelity file a 19b-4 application for?What is the proposed name for Fidelity's Ethereum ETF?What is the investment objective of the Trust mentioned in the filing?Which other company filed a 19b-4 for an ether ETF?Besides Ethereum, what other type of ETF is Fidelity in the running for?

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