Fidelity Ethereum Fund Reports 471,750 Ether Holdings in 2024 10-K
Ticker: FETH · Form: 10-K · Filed: Mar 14, 2025 · CIK: 2000046
Sentiment: neutral
Topics: cryptocurrency, ether, fund-holdings, 10-K
Related Tickers: ETH-USD
TL;DR
Fidelity Ethereum Fund holds 471,750 ETH as of 12/31/24. 10-K filed.
AI Summary
Fidelity Ethereum Fund filed its 10-K for the fiscal year ending December 31, 2024. The fund reported holding 471,750 Ether. The filing, submitted on March 14, 2025, details the fund's financial position and operations related to its investment in Ether.
Why It Matters
This filing provides transparency into the holdings of a major cryptocurrency fund, impacting investors and the broader digital asset market.
Risk Assessment
Risk Level: medium — Investments in cryptocurrency funds carry inherent volatility and regulatory risks.
Key Numbers
- 471,750 — Ether Quantity (Total Ether held by the fund as of December 31, 2024.)
Key Players & Entities
- Fidelity Ethereum Fund (company) — Filer of the 10-K
- 471,750 (dollar_amount) — Quantity of Ether held
- December 31, 2024 (date) — Fiscal year end
- March 14, 2025 (date) — Filing date
FAQ
What was the total net assets of the Fidelity Ethereum Fund as of December 31, 2024?
The filing indicates 'Total Net Assets' for the fund as of December 31, 2024, but the specific dollar amount is not provided in the extracted text.
What is the fair value of the fund's Ether investment as of December 31, 2024?
The filing mentions 'Investment in ether Global Total' and 'Investment in ether Global Other Assets Less Liabilities' as of December 31, 2024, but the specific fair value amount is not detailed in the provided text.
What are the different levels of fair value inputs used for the Ether investment?
The filing specifies Level 1, Level 2, and Level 3 inputs for the fair value of the Ether investment as of December 31, 2024.
When was the Fidelity Ethereum Fund incorporated?
The Fidelity Ethereum Fund was incorporated in Delaware ('DE').
What is the primary business address of the Fidelity Ethereum Fund?
The primary business address is 245 SUMMER STREET, V13E, BOSTON, MA 02210.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 14, 2025 regarding Fidelity Ethereum Fund (FETH).