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Leading asset manager Fidelity submits an application for a Spot Ethereum Exchange-Traded Fund (ETF)

The Boston-based asset manager is the latest traditional finance heavyweight to turn its focus on Ether funds. BlackRock filed for spot Ether fund on November 9, joining Ark Invest in the hunt for approval.

"A meaningful portion of our customers are interested in, and have decided to invest in, digital assets.”

Tags

fidelity, etf, eth, ethereum, spot etf, blackrock, regulation, institutional