SEC Seeks Feedback on Fidelity's Proposed Ethereum ETF
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The SEC has requested public comments on Fidelity's application for a spot Ethereum ETF.
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Fidelity aims to launch an ETF that tracks the performance of Ethereum, accounting for fees and expenses.
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The filing states there are currently no regulated ways for US investors to get exposure to Ethereum.
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Investors in some countries like Germany and Switzerland can already access Ethereum through regulated means.
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The objective is for the ETF shares to represent a fractional interest in the Trust's net assets tied to Ethereum.