Key stats
About Fidelity Ethereum Fund
Home page
Inception date
Jul 23, 2024
Structure
Grantor Trust
Replication method
Physical
Dividend treatment
Capitalizes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
39.60%
Primary advisor
FD Funds Management LLC
Distributor
Fidelity Distributors Co. LLC
FETH aims to track the price of ether, less trust expenses and liabilities. It intends to provide accessibility to ether without the complexities of acquiring, holding, and trading directly through a digital asset platform. Holdings are valued daily based on the Fidelity Ethereum Reference Rate, using ether price feeds from eligible ether spot markets and a volume-weighted median price methodology. The index aggregates the trade flow of several Ethereum platforms during an observation window, focusing on relevant transactions, as defined by the index provider. This serves as a once-a-day benchmark rate of ethers USD price, calculated as of 4:00 pm EST. The fund will not utilize leverage and may also sell ether in order to pay trust expenses and liabilities. As a result, this may be reflected as a return of capital and an income expense.
Classification
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FETH assets under management is 1.25 B USD. It's risen 27.18% over the last month.
FETH fund flows account for 1.54 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, FETH doesn't pay dividends to its holders.
FETH shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Jul 23, 2024, and its management style is Passive.
FETH expense ratio is 0.25% meaning you'd have to pay 0.25% of your investment to help manage the fund.
FETH follows the ETH/USD Exchange Rate - USD - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FETH invests in cash.
FETH price has risen by 5.90% over the last month, and its yearly performance shows a −27.53% decrease. See more dynamics on FETH price chart.
NAV returns, another gauge of an ETF dynamics, showed a 52.20% increase in three-month performance and has decreased by −15.88% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 52.20% increase in three-month performance and has decreased by −15.88% in a year.
FETH trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.