The SEC is seeking public feedback on Fidelity Investments’ proposal for an Ethereum ETF, a significant step in crypto market regulation.
Fidelity’s Ethereum ETF aims to fill a gap in the U.S. market, offering regulated, exchange-traded crypto products and safer investment options.
The United States Securities and Exchange Commission (SEC) has opened the floor for public comments on a proposed rule change that could facilitate Fidelity Investments in offering shares of its spot Ethereum, exchange-traded fund (ETF). The SEC’s decision to solicit public feedback marks a crucial step in the regulatory process and underscores the growing interest and potential regulatory acceptance of cryptocurrencies as mainstream financial assets.
Fidelity’s Ethereum ETF Proposal Under SEC Review
Fidelity Investments, a major asset management firm, applied on November 17 to the SEC for an Ethereum ETF, seeking to list and trade shares of its Fidelity Ethereum Fund on the Cboe BZX Exchange. This m

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