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The Fidelity Ethereum Fund is a Delaware statutory trust that offers investors exposure to ether, the native digital asset of the Ethereum blockchain. It seeks to track ether’s performance by holding the asset directly, providing a passive investment vehicle. The fund operates on a regulated exchange, emphasizing transparency, security, and alignment with Ethereum’s decentralized smart contract platform and digital asset markets.
This description was generated via AI from an annual report. Updated about 1 year ago.