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Fidelity Files For Spot Ethereum ETF

Katie Lin

Summary: Asset management giant Fidelity has submitted an application for a spot ether ETF after previously filing for a spot bitcoin ETF. The filing asserts that the approval of a spot ETH ETF would be a significant victory for safeguarding U.S. investors in the crypto market. According to the document, investors could encounter substantial risks if they opt ...

Asset management giant Fidelity has submitted an application for a spot ether ETF after previously filing for a spot bitcoin ETF. The filing asserts that the approval of a spot ETH ETF would be a significant victory for safeguarding U.S. investors in the crypto market. According to the document, investors could encounter substantial risks if they opt for alternative, riskier methods of gaining exposure to crypto assets in the absence of these products.

Author: Katie Lin

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