{"id":68137,"date":"2022-10-05T13:44:48","date_gmt":"2022-10-05T10:44:48","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=68137"},"modified":"2025-09-07T12:27:40","modified_gmt":"2025-09-07T09:27:40","slug":"fidelity-attracts-5-million-for-ethereum-index-fund","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/fidelity-attracts-5-million-for-ethereum-index-fund\/","title":{"rendered":"Fidelity attracts $5 million for Ethereum Index Fund"},"content":{"rendered":"<p>Since September 26, Fidelity Investments&#8217; Ethereum Index Fund, launched by the investment giant Fidelity Investments, has attracted $5 million. <a href=\\\"https:\/\/www.coindesk.com\/business\/2022\/10\/04\/asset-management-giant-fidelity-adds-to-crypto-offerings-with-ethereum-index-fund\/\\\"> CoinDesk<\/a> reports.<\/p>\n<p>\\n\\n<\/p>\n<p>According to <a href=\\\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1949105\/000194910522000001\/xslFormDX01\/primary_doc.xml\\\">the SEC filing<\/a>, the minimum investment in the vehicle is $50,000. The instrument is available to accredited investors.<\/p>\n<p>\\n\\n<\/p>\n<p>According to the publication&#8217;s sources, the fund tracks the Fidelity Ethereum Index PR, buying Ethereum directly, the second-largest cryptocurrency by market capitalisation. It became the second after the Wise Origin Bitcoin Index Fund, launched in 2020.<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p><em>\u201cAs the cryptocurrency market grows, Fidelity recognises the need for a diverse range of products and solutions. [\u2026] We still see client demand for access to digital assets beyond Bitcoin,\u201d<\/em> according to company representatives.<\/p>\n<\/blockquote>\n<p>\\n\\n<\/p>\n<p>At present the company offers various <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-cryptocurrency-etf\">crypto-ETFs<\/a> and institutional-grade crypto custody and trading services.<\/p>\n<p>\\n\\n<\/p>\n<p>Earlier reports in September indicated Fidelity Investments <a href=\"https:\/\/u1f987.com\/en\/news\/fidelity-to-launch-bitcoin-trading-for-retail-clients\">to offer Bitcoin trading<\/a> to retail clients of its brokerage arm.<\/p>\n<p>\\n\\n<\/p>\n<p>Earlier, in collaboration with Charles Schwab and Citadel, the company announced <a href=\"https:\/\/u1f987.com\/en\/news\/charles-schwab-citadel-and-fidelity-to-launch-crypto-exchange-edx-markets\">the launch of the cryptocurrency exchange EDX Markets<\/a>.<\/p>\n<p>\\n\\n<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\\\"\/\/telegram.me\/forklog\u201d\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since September 26, Fidelity Investments&#8217; Ethereum Index Fund, launched by the investment giant Fidelity Investments, has attracted $5 million. CoinDesk reports.<\/p>\n","protected":false},"author":1,"featured_media":68138,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46,1248,1133],"class_list":["post-68137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum","tag-fidelity-investments","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/68137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=68137"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/68137\/revisions"}],"predecessor-version":[{"id":68139,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/68137\/revisions\/68139"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/68138"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=68137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=68137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=68137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}