Fidelity Launches Ethereum Index Fund — Sees Client 'Demand for Exposure to Digital Assets Beyond BTC' – Finance Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

As per the SEC filing, a minimum investment accepted from an outsider interested in the security is $50,000. etf indexfund sec

Fidelity Launches Ethereum Index Fund — Sees Client 'Demand for Exposure to Digital Assets Beyond BTC'

A filing with the U.S. Securities and Exchange Commission has shown that Fidelity looks to launch an investment product known as the Fidelity Ethereum Index Fund on October 4, 2022. While the new fund is not an exchange-traded fund it is said to be structured as a “traditional limited partnership.”According to a filing lodged with the U.S. Securities and Exchange Commission , Fidelity planned to launch an Ethereum index on October 4, 2022.

A limited partnership according to Investopedia, is a partnership made up of two or more partners. One partner known as the general partner is responsible for managing the business while other partners who are also known as limited partners are not involved in the day-to-day activities of the business.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

luna $700

It's not all coins that is Worth investing on but ElectraProtocol $xep🧿 is more than just a coin. It is an amazing germ

Bitcoin bitcoinmarkets_ MC_Exchange investing in tectonic global Tectonic aims to provide secure and seamless money market functionalities for cryptocurrencies, enabling multiple use cases for its users. Users can deposit assets to earn passive income or borrow funds

Really, I only listen to ChiefraFba for signals and analysis

Lol, I only listen to ChiefraFba for signals and analysis

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in BUSİNESS

Business Business Latest News, Business Business Headlines