According to a recent filing with the U.S. SEC, Fidelity Investments, which launched in 2018 a subsidiary named Fidelity Digital Assets in 2018, now offers the Ethereum Index Fund, which provides exposure to Ether (ETH), the second-largest cryptocurrency by market capitalization.
On October 3rd, Bitwise Asset Management announced the launch of a new exchange-traded fund (ETF,) which allows both institutional and retail inventors to benefit from Web3 growth. Bitwise said in a statement that this marks "the next wave of the internet's development characterized by greater decentralization and individual ownership of data.”
The co-founder and chief strategy officer of bankrupt crypto lender Celsius has stepped down, according to an internal memo viewed by CNBC. S. Daniel Leon’s departure was announced on Tuesday, and his exit comes just a week after the company’s CEO, Alex Mashinsky, submitted a letter of resignation.
Top stories in the Crypto Roundup today:
- Fidelity Adds to Crypto Offerings With Ethereum Index Fund
- Bitwise Asset Management Launches Web3 ETF
- Embattled Crypto Lender Celsius Loses Another Top Executive