Feth fund
Overview
Fidelity Investments introduced the Fidelity Ethereum Fund (FETH), a spot ether exchange-traded product, on 23 July 2024, as part of the initial cohort of US spot ether ETPs. The fund aims to mirror ether's performance, with its ether holdings safeguarded by Fidelity Digital Assets, a custodian that has held a New York State Department of Financial Services charter since 2019. FETH charges a 25-basis-point (0.25%) expense ratio, a fee the issuer has waived until 1 January 2025.
Relations
No connections recorded for this entity in The Counterparty knowledge graph yet.
Frequently asked questions
What is Feth?
Feth is a fund tracked in The Counterparty knowledge graph.
What type of entity is Feth?
Feth is classified as a fund (fund) in The Counterparty knowledge graph.
Sources
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