(FETH) Fidelity Advantage Ether - Ratings and Ratios

Fidelity Advantage Ether ETF - L (FETH) is a digital asset ETF designed to provide exposure to Ether, the second-largest cryptocurrency by market capitalization. The fund is listed on the BATS exchange under the ticker symbol FETH and is categorized under Digital Assets, originating from the USA.

The ETFs investment strategy revolves around directly holding Ether, aligning its value with the asset it tracks. This approach allows investors to gain exposure to Ether without directly managing the cryptocurrency, making it accessible through traditional investment vehicles.

The index underlying FETH employs a volume-weighted median price methodology, sourcing data from eligible Ether spot markets. This approach ensures a robust and representative price, calculated every 15 seconds over a rolling 60-minute window, enhancing accuracy and reducing manipulation risks.

The ETFs valuation process mirrors its index methodology, updating the value of its shares daily based on the same principles. This consistent approach ensures transparency and alignment between the funds performance and the broader Ether market.

With an Assets Under Management (AUM) of approximately $1.1965 billion, FETH represents a significant investment vehicle in the digital asset space. Key metrics such as Market Cap or AUM are crucial for investors assessing the funds scale and liquidity.

For investors and fund managers, understanding the ETFs structure, valuation methodology, and investment strategy is essential. These elements highlight how FETH operates, its exposure to Ether, and its role within a diversified investment portfolio.