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Fidelity Ethereum Fund (FETH)

Digital Assets | Exchange Traded Fund | Cboe US
24.58 USD +0.32 (1.298%) ⇧ (Aug. 31, 2026, 10:56 a.m. EDT)

Short-term:★★★★☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:22 a.m. EDT

The immediate outlook is aggressively bullish, driven by a massive surge in call buying and open interest accumulation at strikes far above the current price. The recent price action confirms this sentiment, with the fund rallying nearly 30% in just two weeks to close at 24.05, decisively breaking above its 50-day moving average. However, this is a speculative vehicle rather than a traditional investment; the fund tracks Ethereum, which lacks intrinsic cash flows, meaning there is no dividend yield to provide a floor. While the momentum is strong and the options market is pricing in significant upside potential, the lack of fundamental earnings or cash generation limits the long-term investment thesis to pure beta exposure to the crypto market.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.210276
AutoETS0.210882
AutoTheta0.210933
MSTL0.212203

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 32%
H-stat 7.20
Ljung-Box p 0.000
Jarque-Bera p 0.033
Excess Kurtosis 0.18

As of Aug. 22, 2026, 2:22 a.m. EDT: Speculators are heavily positioning for upside, evidenced by massive open interest walls at strikes significantly above current prices (e.g., 45, 50, 53 for Jan 2027; 50, 51 for Jan 2028). Call volume spikes are concentrated in out-of-the-money strikes, while put activity is minimal and focused near-the-money, indicating a bullish bias despite elevated implied volatility on deep OTM puts suggesting a tail-risk hedge.


Info Dump

Attribute Value
All Time High 48.56
All Time Low 14.52
Ask 24.57
Ask Size 100
Average Daily Volume10 Day 2,812,800
Average Daily Volume3 Month 1,995,150
Average Volume 1,995,150
Average Volume10Days 2,812,800
Beta3 Year 0.0
Bid 24.56
Bid Size 1,300
Category Digital Assets
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 24.635
Day Low 24.265
Dividend Yield 0.0
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 19.0053
Fifty Day Average Change 5.5697002
Fifty Day Average Change Percent 0.29306036
Fifty Two Week Change Percent -43.09172
Fifty Two Week High 47.54
Fifty Two Week High Change -22.965
Fifty Two Week High Change Percent -0.4830669
Fifty Two Week Low 15.22
Fifty Two Week Low Change 9.3550005
Fifty Two Week Low Change Percent 0.6146518
Fifty Two Week Range 15.22 - 47.54
First Trade Date Milliseconds 1,721,741,400,000
Full Exchange Name Cboe US
Fullday Change 0.33499908
Fullday Change Percent 1.3808701
Fullday Price 24.575
Fund Family Fidelity Investments
Fund Inception Date 1,721,606,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The index is constructed using ether price feeds from eligible ether spot markets and a volume-weighted median price methodology, calculated every 15 seconds based on VWMP spot market data over rolling sixty-minute increments. In seeking to achieve its investment objective, the trust will hold ether and will value its shares daily based on the same methodology used to calculate the index.
Long Name Fidelity Ethereum Fund
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_1875915516
Nav Price 24.99274
Net Assets 880,896,900.0
Net Expense Ratio 0.25
Open 24.41
Previous Close 24.26
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.31500053
Regular Market Change Percent 1.2984358
Regular Market Day High 24.635
Regular Market Day Low 24.265
Regular Market Day Range 24.265 - 24.635
Regular Market Open 24.41
Regular Market Previous Close 24.26
Regular Market Price 24.575
Regular Market Time 1,788,188,186
Regular Market Volume 490,745
Short Name Fidelity Ethereum Fund
Source Interval 15
Symbol FETH
Total Assets 880,896,896
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -17.55655
Trailing Three Month Returns -17.55655
Triggerable 1
Two Hundred Day Average 23.030375
Two Hundred Day Average Change 1.5446262
Two Hundred Day Average Change Percent 0.06706909
Type Disp ETF
Volume 490,745
Yield 0.0
Ytd Return -37.10743