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25.10 - 19:09
Fidelity bucks crypto bear market with ethereum index fund launch
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fnlondon.comNever 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...
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