# EDGAR Filing Document

**Accession Number:** 0002000046
**File Stem:** 0001193125-25-161976
**Filing Date:** 2025-7
**Character Count:** 2633
**Document Hash:** 4ceba259b10b544a47243a06a8bd1271
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-161976.hdr.sgml**: 20250929

**ACCESSION NUMBER**: 0001193125-25-161976

**CONFORMED SUBMISSION TYPE**: CORRESP

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20250721

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Fidelity Ethereum Fund
- **CENTRAL INDEX KEY:** 0002000046
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** CORRESP

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **STREET 2:** V13E
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 800-343-3548

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **STREET 2:** V13E
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

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| | | |
|:---|:---|:---|
| ![LOGO](g50113dsp01a.jpg) | **Morrison C. Warren**<br> Partner | **Chapman and Cutler LLP**<br> 320 South Canal Street, 27th Floor<br> Chicago, Illinois 60606<br>T 312.845.3000<br> D 312.845.3484<br> F 312.451.2366<br> warren@chapman.com |

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July 21, 2025

***<u>VIA EDGAR CORRESPONDENCE</u>***

United States Securities and Exchange Commission

Division of Corporation Finance

100 F Street, N.E.

Washington, D.C. 20549

Re: Fidelity Ethereum Fund <br> File No. 333-278249

Dear Ms. Paik and Mr. Gessert:

This letter responds to your additional comments regarding the post-effective amendment to the registration statement filed on Form S-1 for the Fidelity Ethereum Fund (the *"Trust"*) with the Staff of the Securities and Exchange Commission (the *"Staff"*) on May 23, 2025 (the *"Registration Statement"*). Capitalized terms used herein, but not otherwise defined, have the meanings ascribed to them in the Registration Statement.

COMMENT 1 – GENERAL

The Staff notes your response to prior comment 1. Please revise your registration statement to disclose the identities of your current Authorized Participants and Ether Trading Counterparties.

RESPONSE TO COMMENT 1

The disclosure has been revised in accordance with the Staff's comment.

\* \* \* \* \* \* \* \*

![LOGO](g50113dsp01b.jpg)

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![LOGO](g50113dsp01a.jpg)

United States Securities and Exchange Commission

Division of Corporation Finance

July 21, 2025

Please call me at (312) 845-3484 if you have any questions or issues you would like to discuss regarding these matters.

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| | |
|:---|:---|
| Sincerely yours, | Sincerely yours, |
| CHAPMAN AND CUTLER LLP | CHAPMAN AND CUTLER LLP |
| By: | /s/ Morrison C. Warren |
|  | Morrison C. Warren |

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