Fidelity filed a 19b-4 application with the Securities and Exchange Commission late Friday for an ethereum ETF.
According to the filing, the proposed rule change names the fund the Fidelity Ethereum Fund. The 19b-4 was filed with CBOE.
A 19b-4 is a rule change form required by the SEC.
“The investment objective of the Trust is to seek to track the performance of ETH, as measured by the performance of the Fidelity Ethereum Index…In seeking to achieve its investment objective, the Trust will hold ETH,” the filing said.
Fidelity’s proposed ETH fund comes a week after BlackRock also filed a 19b-4 for an ether ETF. Since then, BlackRock has submitted an S-1 with the SEC, paving the…
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