$4.9 Trillion Fidelity Pushes for Ethereum Spot ETF Approval

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$4.9 Trillion Fidelity Pushes for Ethereum Spot ETF Approval
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Fidelity, managing $4.9 trillion in assets, has revamped its SEC filing for spot Ethereum ETF, boosting approval odds

, a leading U.S. asset management firm with $4.9 trillion under management, has amended its S-1 application with the SEC for the approval of its spot . This adjustment is anticipated to increase the likelihood of approval, with senior ETF analysts now estimating a 75% probability of passage.staking. Initially, Fidelity's filing indicated that the fund intended to stake a portion of its assets through infrastructure providers.

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