{"id":68851,"date":"2022-10-20T10:09:05","date_gmt":"2022-10-20T07:09:05","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=68851"},"modified":"2025-09-07T16:35:34","modified_gmt":"2025-09-07T13:35:34","slug":"fidelity-to-expand-ethereum-crypto-offerings","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/fidelity-to-expand-ethereum-crypto-offerings\/","title":{"rendered":"Fidelity to expand Ethereum crypto offerings"},"content":{"rendered":"<p>On October 28, Fidelity Investments&#8217; cryptocurrency arm will offer institutional clients the ability to buy, sell, and transfer Ethereum. <a href=\"https:\/\/www.theblock.co\/post\/178462\/fidelity-digital-assets-will-begin-offering-eth-to-institutions-later-this-month\"> The Block<\/a>.<\/p>\n<p>Earlier reports circulated about the company&#8217;s plans to launch the corresponding custody and trading services. A Fidelity spokesperson confirmed to the publication the authenticity of the messages.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Fidelity Digital Assets just sent an email to customers announcing that Ethereum will be available for purchase this month. <a href=\"https:\/\/t.co\/3V0GCrOt5z\">pic.twitter.com\/3V0GCrOt5z<\/a><\/p>\n<p>\u2014 Bruce Fenton \ud83c\uddfa\ud83c\uddf8 (@brucefenton) <a href=\"https:\/\/twitter.com\/brucefenton\/status\/1582806632425062401?ref_src=twsrc%5Etfw\">October 19, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u00abAfter the completion of <\/em><a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-activates-the-merge-blockchain-shifts-to-pos\"><em>The Merge<\/em><\/a><em>, many investors view the second-largest cryptocurrency through a new prism\u00bb,<\/em> \u2014 according to a letter to clients.<\/p>\n<\/blockquote>\n<p>In June 2022, the company said it planned to double headcount in anticipation of growing institutional interest in cryptocurrencies. These plans envisaged <a href=\"https:\/\/u1f987.com\/en\/news\/fidelity-digital-assets-to-double-staff-as-institutional-interest-in-cryptocurrencies-grows\">support for Ethereum<\/a>.<\/p>\n<p>In November 2019, Fidelity Investments launched an institutional-focused crypto custody unit with a sole focus on Bitcoin.<\/p>\n<p>In April 2022, the company announced a service allowing <a href=\"https:\/\/u1f987.com\/en\/news\/fidelity-investments-to-allow-clients-to-hold-bitcoin-in-401k-retirement-accounts\">to accumulate Bitcoin in 401(k) retirement accounts<\/a>.<\/p>\n<p>In September, ForkLog reported plans for Fidelity to launch <a href=\"https:\/\/u1f987.com\/en\/news\/fidelity-to-launch-bitcoin-trading-for-retail-clients\">the trading of the first cryptocurrency for retail clients<\/a>.<\/p>\n<p>Read 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, rates and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On October 28, Fidelity Investments&#8217; cryptocurrency arm will offer institutional clients the ability to buy, sell, and transfer Ethereum. The Block reports.<\/p>\n","protected":false},"author":1,"featured_media":68852,"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],"class_list":["post-68851","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum","tag-fidelity-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"88","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/68851","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=68851"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/68851\/revisions"}],"predecessor-version":[{"id":68853,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/68851\/revisions\/68853"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/68852"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=68851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=68851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=68851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}