FETH
Fidelity Ethereum Fund
📎 Investment Objective
The Fidelity Ethereum Fund seeks to provide investment results that correspond, before fees and expenses, to the performance of Ethereum, the second-largest cryptocurrency by market capitalization.
Overview
ETF tracking Fidelity Ethereum Fund
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Fidelity Ethereum Fund seeks to provide investment results that correspond, before fees and expenses, to the performance of Ethereum, the second-largest cryptocurrency by market capitalization.
🎯 Investment Strategy
The fund invests directly in Ethereum, holding the cryptocurrency in a secure digital wallet. It aims to track the price movements of Ethereum as closely as possible.
✨ Key Features
- Provides exposure to Ethereum, the second-largest cryptocurrency by market cap
- Invests directly in Ethereum, holding the digital asset in a secure wallet
- Passively tracks the price performance of Ethereum
- No management fees or expense ratio (as of current information)
⚠️ Primary Risks
- Cryptocurrency market volatility and price fluctuations
- Risks associated with the underlying Ethereum blockchain technology
- Potential for loss or theft of the fund's Ethereum holdings
- Lack of regulatory oversight and potential for changes in the regulatory environment
👤 Best For
The Fidelity Ethereum Fund may be suitable for experienced investors seeking direct exposure to Ethereum as part of a diversified portfolio. Investors should be comfortable with the high volatility and risks associated with cryptocurrency investments.