Fidelity Wants to Create an Ether ETF, Joining BlackRock in Doubling Down on Crypto
Fidelity, BlackRock and other financial firms want to list BTC and ETH ETFs, which could make it easier for investors to invest in crypto.

- Fidelity became the latest giant financial firm to seek to create an ether ETF.
- The SEC still needs to approve these applications for them to trade in the U.S. The regulator is mulling bitcoin ETFs, too.
- ETFs could make it far easier for the average person to invest money in a crypto-linked asset.
Money management giant Fidelity is seeking to create an exchange-traded fund that owns Ethereum's ether [ETH], according to a Friday filing, joining rival BlackRock in strengthening its crypto embrace.
The Fidelity Ethereum Fund would be listed by an exchange owned by Cboe Global Markets, which posted the fling that revealed the existence of the proposed product. But first, the U.S. Securities and Exchange Commission must decide whether to approve the ether ETF, as it must for others including one from BlackRock, which was revealed earlier this month.
They are the 7th filer for spot Ethereum as far as I'm aware. Here are the first 6: pic.twitter.com/na6SXtKhF3
— James Seyffart (@JSeyff) November 17, 2023
Fidelity and BlackRock also want to create ETFs that give investors easier access to an even bigger cryptocurrency: bitcoin [BTC]. The SEC has yet to weigh in on those either.
Read more: SEC Delays Decisions on Franklin Templeton and Global X Spot Bitcoin ETFs
ETFs that hold BTC or ETH, the biggest cryptocurrencies, could – according to optimists – dramatically shake up the crypto market. They are generally easier to buy than crypto; a normal, conventional brokerage account gives an investor access to all manner of ETFs, which trade just like stocks and track assets ranging from the whole stock market to gold, corn and sugar.
That could, in theory, bring in a flood of new investment money into digital assets – particularly with the marketing heft of famous firms like Fidelity and BlackRock.
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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
알아야 할 것:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
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Coinbase CEO says Big banks now view crypto as an ‘existential’ threat to their business

Brian Armstrong returns from World Economic Forum with message: traditional finance is taking crypto seriously
알아야 할 것:
- Coinbase CEO Brian Armstrong said a top executive at one of the world’s 10 largest banks told him crypto is now the bank’s “number one priority” and an “existential” issue.
- At Davos, Armstrong highlighted tokenization of assets and stablecoins as major themes, arguing they could broaden access to investments for billions while threatening to bypass traditional banks.
- He described the Trump administration as the most crypto-forward government globally, backing efforts like the CLARITY Act, and predicted that AI agents will increasingly use stablecoins for payments outside conventional banking rails.











