Fidelity Investments registers a new Ethereum index fund with an investment of $5 million, with a minimum investment threshold of $50,000

According to ChainCatcher news and a report by Decrypt, the registration documents from the U.S. Securities and Exchange Commission show that Fidelity Investments has established a new Ethereum index fund with an investment of $5 million, with a minimum investment threshold of $50,000, and the initial sale date is September 26. It is reported that, unlike exchange-traded funds (ETFs), index funds can only be traded at a set price after the market closes. (Decrypt)