Fidelity Delves into Ethereum, Backs ETF with Multi-Million Dollar Seed Investment
In a striking move within the asset management sector, Fidelity has taken initiative with a significant investment geared towards cryptocurrency, spotlighting their interest in the digital finance evolution. In a revised regulatory submission, the investment giant reported a $4.7 million seed funding round into a new Ethereum-based exchange-traded fund (ETF). Revealing its strategy, Fidelity detailed […]
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