BREAKING: Rumors of Fidelity’s Spot Ethereum Application Spread

According to breaking information, the claim that Fidelity has applied for a spot Ethereum ETF under the name of Wise Origin Ethereum Index Fund is keeping the agenda busy.

CORRECTION:

Although the information received from the sources initially interpreted this development as Fidelity applying for a spot ETF, it is actually thought to be an amendment application made to the SEC for regulatory reasons for the Ethereum fund currently traded by Fidelity.

Although it was an unimportant development, Ethereum reacted with an increase after the news spread: