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Fidelity Files Ethereum-tracked Treasury Fund “OnChain”
March 24, 2025
In a significant move, Fidelity Investments has filed with the Securities and Exchange Commission (SEC) for a new Ethereum-tracked Treasury Fund called “OnChain”. The fund is designed to track U.S. Treasury securities, which are exempt from state and local taxes, on the Ethereum blockchain.
Source: https://cryptotale.org/fidelity-files-ethereum-tracked-treasury-fund-onchain/
