Key takeout
- Fidelity Investments purchased 34,740 ETH (~$159.4m) for the Spot Ethereum ETF.
- Institutional demand for Ethereum exposure via regulated investment vehicles remains strong.
Fidelity Investments, a leading US asset management company, purchased 34,740 Ethereum tokens at the Spot ETF on Thursday, for $159.4 million.
The acquisition reflects the continued institutional demand for Ethereum exposure through regulated investment products. The Spot Ethereum ETF was launched in mid-2024 after regulatory approval.
Ethereum ETF has had a cumulative inflow of over $1 billion in the first few months after its launch in 2024, reflecting an increase in institutional investors' mainstream acceptance of digital assets.
Fidelity reports consistent Ethereum purchases for ETFs throughout 2025, with acquisitions worth tens of millions to millions of millions.
