Ethereum

James

<ul class="news-points"> 
 <li><strong>Fidelity Investments has filed for an Ethereum exchange-traded fund (ETF).</strong></li> 
 <li><strong>According to Seyffart, Fidelity is the 7th company to submit a spot Ethereum ETF proposal.</strong></li> 
 <li><strong>Fidelity intends to list the Ethereum ETF on an exchange owned by Cboe Global Markets.</strong></li> 
</ul> 
<p>Fidelity Investments, a renowned money management outfit, has filed for an <a href="https://coinedition.com/what-is-ethereum-complete-guide-to-the-2nd-largest-blockchain-project/">Ethereum</a> exchange-traded fund (ETF). According to reports, James Seyffart, a top ETF analyst, posted a screenshot of the filing on his X app account. The shared content noted that “The Exchange proposes to list and trade shares of the Fidelity Ethereum Fund under BZX Rule 14.11(e)(4) Commodity-Based Trust Shares.</p> 
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   <p lang="en" dir="ltr">Update: <a href="https://twitter.com/Fidelity?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@Fidelity</a> joins the spot <a href="https://twitter.com/hashtag/ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#ethereum</a> ETF race by filing a 19b-4 with <a href="https://twitter.com/CBOE?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@CBOE</a> <a href="https://t.co/rxNEzpzh3g" target="_blank" rel="nofollow">https://t.co/rxNEzpzh3g</a> <a href="https://t.co/o96XspPDEP" target="_blank" rel="nofollow">pic.twitter.com/o96XspPDEP</a></p>— James Seyffart (@JSeyff) <a href="https://twitter.com/JSeyff/status/1725643618378002840?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 17, 2023</a>
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<p>According to Seyffart, Fidelity becomes the 7th company to submit a spot Ethereum ETF proposal by this filing. The other companies with similar proposals include VanEck, 21Shares and Ark, Hashdex, Grayscale, Invesco and Galaxy, and BlackRock.</p> 
<p>Based on the submitted proposal, Fidelity intends to list the Ethereum ETF on an exchange owned by Cboe G…</p>
<p>The post <a href="https://coinedition.com/fidelity-becomes-the-7th-company-to-file-for-a-spot-ethereum-etf/">Fidelity Becomes the 7th Company to File For a Spot Ethereum ETF</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Fidelity Becomes the 7th Company to File For a Spot Ethereum ETF

Coin Edition

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