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SEC Filed Fidelity Spot Ethereum ETF
[PN] SEC FILED FIDELITY SPOT ETHEREUM ETF
— Phoenix » PhoenixNews.io (@PhoenixTrades_) November 30, 2023
Added at 11:17am
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SEC Acknowledges Ethereum ETF Filing By Fidelity
The US Securities and Exchange Commission (SEC) has acknowledged receipt of an application by asset management giant Fidelity to list a spot Ethereum exchange-traded fund (ETF), according to today’s SEC filing. The filing from Cboe BZX Exchange proposes listing and trading shares of the Fidelity Ethereum Fund, structured as a commodity-based trust that would hold ether. The trust aims to track the performance of the Fidelity Ethereum Index, less expenses and liabilities. The SEC has several Ethereum ETF applications under review that it must approve or deny, including filings by major financial firms BlackRock, ARK ... (full story)