The ETF is subject to various other risks, as stated in the document. It highlights that the fund could be adversely affected by regulatory measures in the United States and other jurisdictions. The trust enumerates several potential reasons for its termination, including regulatory action by the SEC classifying the fund as an investment company under the 1940 Act, the U.S. Commodity Futures Trading Commission categorizing it as a commodity pool under the Commodity Exchange Act, and the determination that the fund is a money service business under the rules of the U.S. Treasury Department’s Financial Crimes Enforcement Network.
Fidelity Submits S-1 Application to the US SEC for Ethereum Exchange-Traded Fund (ETF) Including Staking