Ethereum

United

Bitcoin ETF

James

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 Just days after BlackRock filed for the iShares Ethereum Trust, asset management firm Fidelity has submitted an application for its own Ethereum exchange-traded fund (ETF).
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 <p>Fidelity, an asset management firm overseeing $4.5 trillion in assets, has become the latest firm to seek approval for a spot Ethereum exchange-traded fund (ETF).</p>
 <p>In a <a rel="noopener noreferrer nofollow" title="filing" href="https://thebittimes.com/tag/filing.html">filing</a> submitted to the United States Securities and Exchange Commission (SEC) on November 17,&nbsp;Fidelity proposes to list and trade shares of the Fidelity Ethereum Fund on the Cboe BZX Exchange. &nbsp;</p>
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  "According to the Registration Statement, each Share will represent a fractional undivided beneficial interest in the Trust’s net assets. The Trust’s assets will consist of ETH held by the Custodian on behalf of the Trust."
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  <p lang="en" dir="ltr">Update: @Fidelity joins the spot #ethereum ETF race by <a rel="noopener noreferrer nofollow" title="filing" href="https://thebittimes.com/tag/filing.html">filing</a> a 19b-4 with @CBOE https://t.co/rxNEzpzh3g pic.twitter.com/o96XspPDEP</p>— James Seyffart (@JSeyff) November 17, 2023
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 <p>This comes after recent news that BlackRock officially filed for a spot Ether ETF, the iShares Ethereum Trust, with the SEC on Nov. 16. The <a rel="noopener noreferrer nofollow" title="filing" href="https://thebittimes.com/tag/filing.html">filing</a> came only a week after it registered the product with Delaware's Division of Corporations and almost six months after it filed its first spot Bitcoin ETF application.&nbsp;</p>
 <p>BlackRock's <a rel="noopener noreferrer nofollow" title="filing" href="https://thebittimes.com/tag/filing.html">filing</a> came only a week after it registered the product with Delaware's Division of Corporations and almost six months after it filed its first spot Bitcoin ETF application.&nbsp;</p>
 <p class="post-content__disclaimer">This is a developing story, and further information will be added as it becomes available.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/fidelity-seeks-green-light-for-ethereum-etf-following-blackrock-s-filing-tbt70751.html">https://thebittimes.com/fidelity-seeks-green-light-for-ethereum-etf-following-blackrock-s-filing-tbt70751.html</a></p>

Fidelity seeks green light for Ethereum ETF, following BlackRock's filing

TheBitTimes

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