Fidelity Explores Ethereum ETF to Compete with BlackRock in Crypto Investment Space

Fidelity is looking to create an Ethereum (ETH) ETF to compete with BlackRock and other financial companies in listing BTC and ETH ETFs, potentially facilitating easier cryptocurrency investment for investors.

According to CoinDesk on Friday, the giant asset manager Fidelity is exploring the creation of an Ethereum ETF to join its competitor BlackRock.

The Fidelity Ethereum ETF would be listed on an exchange owned by Cboe Global Markets.

In theory, this could bring a new wave of investment into digital assets, especially given the marketing power of renowned companies such as Fidelity and BlackRock.

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