Fidelity has made a significant investment in Ethereum, purchasing 36,460 ETH valued at $154.6 million through its Ethereum ETF, FETH, on October 14, 2025. This move comes during a period of notable spot ETF outflows, helping to stabilize Ethereum's price around $4,100.
The transaction underscores continued institutional confidence in Ethereum, despite the absence of public commentary from Fidelity's leadership. This investment helped offset $428 million in spot ETF redemptions, providing a stabilizing influence on the market. Analysts believe this could impact future regulatory and technological developments in the cryptocurrency sector.
Fidelity Invests $154.6M in Ethereum ETF Amid Market Fluctuations
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