eth๐๐๐๐๐๐: ๐ ๐ข๐๐๐ฅ๐ข๐ญ๐ฒ ๐ ๐ข๐ฅ๐๐ฌ ๐-๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐จ๐ซ ๐๐๐ ๐๐ฉ๐ฉ๐ซ๐จ๐ฏ๐๐ฅ ๐จ๐ง ๐๐๐ ๐๐ฉ๐จ๐ญ ๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ญ๐๐ค๐ข๐ง๐ ๐๐ง๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง
Fidelity has taken a significant step towards embracing digital assets by applying to the U.S. Securities and Exchange Commission (SEC) for permission to start an Ethereum-based exchange-traded fund (ETF). This innovative ETF aims to offer investors the ability to indirectly engage with Ethereum, currently priced at $3,475, and even includes an option for Fidelity to stake a portion of its holdings. Slated to trade on the Cboe BZX Exchange with Fidelity Digital Asset Services as its custodian, this move brings traditional finance and crypto markets closer.