Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
Home»ETHEREUM NEWS»The race is on: Fidelity Investments just filed for an Ethereum spot ETF.
ETHEREUM NEWS

The race is on: Fidelity Investments just filed for an Ethereum spot ETF.

By Crypto FlexsNovember 27, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
The race is on: Fidelity Investments just filed for an Ethereum spot ETF.
Share
Facebook Twitter LinkedIn Pinterest Email

The cryptocurrency market is seeing a major surge in interest surrounding an Ethereum spot ETF, and Fidelity Investments has joined the fray with its latest filing.

Fidelity Investment File for ETH Spot ETF

Fidelity Investments, an American multinational financial services company, has decided to actively participate in the ongoing Ethereum ETF mania. Mutual fund companies are officially I applied for Ethereum spot ETF (Exchange Traded Funds). To the U.S. Securities and Exchange Commission (SEC).

The new Ethereum ETF filing is the second ETF filed by the investment firm with the U.S. SEC. Before, Fidelity Investment has applied for a spot Bitcoin ETF. Currently awaiting SEC approval.

Fidelity Investment’s Ethereum ETF filing on Friday delivered some salient details. American stock exchange. The financial services company outlined a framework for listing and trading the trust’s shares on the exchange.

According to the document, trusts supported by Fidelity Investments are distinct from those recognized as investment companies under the Investment Company Act. The filing also states that the trust should not be considered a commodity pool as defined by the Commodity Act.

The need for regulatory clarity at the time of submission is current. legal situation Between US SEC and several cryptocurrency exchanges and financial institutions in the industry.

“The exchange proposes to list and trade shares of the Fidelity Ethereum Fund pursuant to BZX Rule 14.11(e)(4), which regulates the listing and trading of shares of commodity-based trusts on the exchange,” the filing states.

Also added:

“According to the registration statement, the Trust is neither an investment company registered under the Investment Company Act of 1940, as amended, nor a commodity pool for purposes of the Commodity Exchange Act (“CEA”), nor is it a trust or fiduciary. The Sponsor is regulated as a commodity pool operator or commodity trading advisor with respect to the Shares.”

Fidelity Overviews Innovative Structure of Ethereum ETF

similar BlackRock’s Ethereum Spot ETF Submission Fidelity Investments’ filing on Thursday provided a very detailed outline of the proposed structure. Ethereum ETF The same goes for use cases.

In the filing, Fidelity said the trust’s unique structure ensures that each share issued by the company represents a partial, undivided beneficial share of the trust’s overall net assets. Additionally, the assets of the trust include: ETH token It is administered by a trustee appointed to manage the trust.

“Each share represents a partial, undivided beneficial interest in the net assets of the Trust. The assets of the trust consist of ETH, which is held by the custodian on behalf of the trust. A trust generally does not intend to hold cash or cash equivalents. However, there may be circumstances where the trust unexpectedly and temporarily holds cash,” the filing states.

ETH bulls fail to reclaim $2,000 | Source: ETHUSDT on Tradingview.com

Featured image from Crypto Daily, chart from Tradingview.com

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

‘OG’ Whale Attracts Over $400 Million in Bearish BTC Bet

October 10, 2025

BitDigital becomes the first public Etherrium for distributing unsecured leverage -details -Details

October 6, 2025

Ethereum Future is an execution of stablecoins and tokenized assets -then you need to know:

October 2, 2025
Add A Comment

Comments are closed.

Recent Posts

Eightco Holdings Inc. ($ORBS) Expands Its Strategic Vision Into The Enterprise

October 10, 2025

Whale.io Launches Battlepass Season 3, Featuring $77,000 In Crypto Casino Rewards

October 10, 2025

Strengthening the AI ​​Agent Economy

October 10, 2025

‘OG’ Whale Attracts Over $400 Million in Bearish BTC Bet

October 10, 2025

Rhuna Raises $2M Seed Round Led by Aptos Labs to Build Stablecoin Payment Infrastructure for Entertainment

October 10, 2025

Mobile App Change Log 7.17.0

October 9, 2025

Building Tomorrow’s Wealth With Tokenized Gold

October 9, 2025

Dreamcash Celebrates 100,000 Waitlist Signups With Exclusive $50k Giveaway Series

October 9, 2025

Ethereum Price at Risk – Bears Lose Momentum Ahead of New Lows

October 9, 2025

Fanable Gets $11.5M To Power The Future Of Pokémon & Collectibles; $COLLECT Token Farming Goes Live Now

October 9, 2025

Bybit Secures UAE’s First Virtual Asset Platform Operator License From Securities And Commodities Authority

October 9, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Eightco Holdings Inc. ($ORBS) Expands Its Strategic Vision Into The Enterprise

October 10, 2025

Whale.io Launches Battlepass Season 3, Featuring $77,000 In Crypto Casino Rewards

October 10, 2025

Strengthening the AI ​​Agent Economy

October 10, 2025
Most Popular

The West Virginia Parliament introduces the Digital Asset Reservation Act.

February 14, 2025

Bitcoin Up $1.2K in 1 Hour as BTC Price Rebounds on Ether ETF Launch

July 24, 2024

Aleph Zero launches Alephoria: Exciting airdrops, tournaments and rewards await users

May 18, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.