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Fidelity Unveils New Ethereum Index Fund

Fidelity Unveils New Ethereum Index Fund

Fidelity Investments is launching the Fidelity Ethereum Index Fund, according to an Oct. 4 filing with the Securities and Exchange Commission. “We have continued to see client demand for exposure to digital assets beyond Bitcoin,” a Fidelity spokesperson said in an emailed statement to Barron’s Advisor. The fund is part of the Fidelity Digital Assets division, which was formed in 2018 to provide custody and trading services for crypto investments.