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Fidelity to Roll Out Ethereum Trading for Institutions Next Week

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After starting with Bitcoin, $4.5 trillion asset manager Fidelity is now turning to Ethereum. “Institutional Ethereum capabilities are coming to the Fidelity Digital Assets platform on October 28, 2022,” Fidelity Digital Assets said in an email sent to its clients. The offering will only be available for Fidelity’s existing institutional clients who already trade or custody Bitcoin, which the firm provided services for beginning in 2018. Fidelity has long since shown an interest in crypto assets. Following the Ethereum merge, which completed the network’s transition to ...

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