Fidelity Ethereum Fund (FETH)
Leading spot Ethereum ETF from Fidelity – direct exposure to Ether with self-custody and strong institutional backing.
Key Facts
| Issuer | Fidelity Investments |
|---|---|
| Ticker | FETH (Cboe BZX) |
| Expense Ratio | 0.25% |
| Approx. AUM | $2.2B–$2.3B (as of Jan 9, 2026) |
| Custodian | Fidelity Digital Assets |
| Inception | July 22, 2024 (trading start) |
| Official Site | Fidelity Crypto Funds Page |
Composition / Holdings
FETH is 100% physically-backed spot Ethereum (no derivatives or futures).
| Asset | Percentage | Description |
|---|---|---|
| Ether (ETH) | 100% | Physically-backed spot Ether held via Fidelity Digital Assets custody |
No leverage, futures, or other assets. Direct 1:1 exposure to Ether price (less fees). No staking rewards passed through currently.
Net Inflows & Outflows
Historical net flows showing investor demand. Strong cumulative inflows (~$2.65B+ since launch), but recent volatility with mixed trends in early Jan 2026 (e.g., +$21.8M on Jan 5, modest outflows like -$4.6M on Jan 9).
Performance Overview
NAV tracking and returns vs. Ether spot price (high correlation, minor tracking error from fees).
ESG & Sustainability Metrics
Estimated ESG profile for Ethereum (post-Merge PoS improves energy score; strong on decentralization/utility).
Pros
- Self-custody by Fidelity Digital Assets – reduced third-party risk
- Competitive 0.25% fee with excellent tracking
- Strong inflows and liquidity from Fidelity's retail/institutional network
- Ideal for retirement accounts (IRA/401k) due to Fidelity integration
Cons
- Full exposure to Ether price volatility
- No staking rewards passed to holders (yet)
- Smaller AUM/liquidity vs. BlackRock ETHA
- No direct Ether ownership/withdrawals
How to Buy FETH
Available on major US brokers (Fidelity, Schwab, Vanguard, Robinhood, etc.). Search ticker FETH. Especially seamless in Fidelity accounts for brokerage and retirement.
Not financial advice. Investments in crypto ETFs involve high risk, including potential loss of principal. Data approximate as of January 9-11, 2026 (sources: Fidelity, Farside Investors, SoSoValue, Yahoo Finance). Always verify with official sources.