Fidelity Seeds Upcoming Ethereum ETF with $4.7 Million Ahead of Launch

1 min read

10 months ago bitnews

The financial world is abuzz with news of a major asset manager initiating a groundbreaking Ethereum ETF. This development marks a significant stride for crypto-based financial products, highlighting the growing institutional interest in Ethereum. Fidelity’s latest move is particularly noteworthy as it promises to seed its upcoming Ethereum ETF with a substantial $4.7 million. Discover