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Fidelity bucks crypto bear market with ethereum index fund launch
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Never mind the crypto bear market. Fidelity Investments is launching the Fidelity Ethereum Index Fund, according to a 4 October filing with the Securities and Exchange Commission. The fund currently has $5m 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, a fellow Dow Jones Group title.
The...
Read more on fnlondon.comAbout this in other media
How long will the bear market last? Signs to watch for a crypto market reversal cointelegraph.com /2 years ago
Europe’s $9 billion digital bank N26 launches crypto trading service amid bear market cnbc.com /2 years ago
Buffett-backed digital bank Nubank to launch its own cryptocurrency in Brazil cnbc.com /2 years ago
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