The U.S. Securities and Exchange Commission (SEC) has opened the comment period for Fidelity’s proposed Ethereum exchange-traded fund (ETF). If approved, the ETF would allow investors to gain exposure to Ethereum through regulated investments. The SEC is seeking comments on various aspects of the proposal, including surveillance, custodianship, and market manipulation. The filing also highlights a surveillance sharing agreement between Coinbase and Cboe BZX, which is a key component of many other pending spot crypto ETF proposals. The SEC is expected to make a decision on the proposal by March 2024. Fidelity filed for the ETF shortly after BlackRock filed for a similar fund. Other asset managers, including Ark Invest, VanEck, and Grayscale, also have pending spot crypto ETF proposals.

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Information	Details
Geography	Europe
Countries	🇺🇸
Sentiment	neutral
Relevance Score	1
People	James Seyffart
Companies	Fidelity, Coinbase, SEC, BlackRock, Cboe BZX
Currencies	Bitcoin, Tether, Ethereum
Securities	BLACKROCK, Fidelity, COINBASE, ARK INVEST, Cboe BZX