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Fidelity Ethereum Fund :$FETH
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$FETH Price Chart
About Fidelity Ethereum Fund
The Fidelity Ethereum Fund (FETH) is an investment product designed to provide investors with direct exposure to Ethereum, one of the leading cryptocurrencies. Managed by Fidelity Investments, this fund offers a secure and efficient way to invest in Ethereum, leveraging Fidelity’s extensive experience in asset management and custodial services.
What is Fidelity Ethereum Fund
The Fidelity Ethereum Fund is a publicly traded fund listed on the CBOE that holds Ethereum and issues shares representing fractional ownership of the fund’s Ethereum holdings. This structure allows investors to gain exposure to the price movements of Ethereum without the complexities and risks associated with direct cryptocurrency ownership. It serves as a convenient and regulated investment vehicle suitable for both individual and institutional investors.
Fees Associated with FETH
The Fidelity Ethereum Fund currently has no fees for investing until January 1, 2025, as part of Fidelity’s introductory offer. Starting from January 1, 2025, the fund will charge an expense ratio of 0.25%, ensuring that investors receive professional and secure management of their Ethereum investments.
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All images, branding and wording is copyright of Fidelity Ethereum Fund. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the product mentioned on this page.