Fidelity Investments has filed for an Ether ETF, following a similar move by BlackRock. The proposed Fidelity Ethereum Fund would be listed on a Cboe Global Markets exchange, pending SEC approval. The filing references a recent court ruling critical of the SEC's inconsistent approach to cryptocurrency ETFs. This development indicates a growing interest from major financial institutions in incorporating digital assets into traditional investment vehicles, with the SEC's decision being highly anticipated for its impact on the future of crypto investments.