Investment giant Fidelity, which manages $4.5 trillion in assets, has applied for a spot Ethereum (ETH) exchange traded fund (ETF).
Fidelity spot Ethereum ETF to the US Securities and Exchange Commission (SEC) to establish Form S-1 registration He applied via . “Fidelity Ethereum FUNDWith this application made under the name “Fidelity”, which has registered S-1 for its spot ETF. 7th company happened.
ETF in the company’s Form S-1 filing prospectus, financial conditions, risk factors And How will be operated Details about it were included. If ETF is approved Cboe Global Markets It will be listed on an exchange it owns.
In the past period VanEck, Arc inves–21Shares, hashdex, Grayscale, invesco And BlackRock They were registered as companies that applied for spot Ethereum ETF.
SEC last week Hashdex Final decision for Ethereum ETF application that you postponed had announced. The regulator is currently reviewing a number of spot Bitcoin and Ethereum ETF applications.