Fidelity Unveils New Ethereum Index Fund

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Never mind the crypto bear market. Fidelity Investments is launching the Fidelity Ethereum Index Fund, according to an Oct. 4 filing with the Securities and Exchange Commission. The fund currently has $5 million in assets.

“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...

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