# EDGAR Filing Document

**Accession Number:** 0002000046
**File Stem:** 0000000000-25-005906
**Filing Date:** 2025-6
**Character Count:** 3245
**Document Hash:** f30e877825f3f79c3ef5ad861f891b49
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-25-005906.hdr.sgml**: 20250929

**ACCESSION NUMBER**: 0000000000-25-005906

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250604

**FILED FOR**: 

**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:** UPLOAD
- **SEC FILE NUMBER:** 333-278249

**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
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001193125-25-125748

## Text-Extract

```

                                                            June 4, 2025

Cynthia Lo Bessette
President
Fidelity Ethereum Fund
245 Summer Street V13E
Boston, MA 02210

       Re: Fidelity Ethereum Fund
           Post-Effective Amendment No. 1 to
           Registration Statement on Form S-1
           Filed May 23, 2025
           File No. 333-278249
Dear Cynthia Lo Bessette:

       We have reviewed your post-effective amendment and have the following
comment.

        Please respond to this letter by amending your registration statement
and providing
the requested information. If you do not believe a comment applies to your
facts and
circumstances or do not believe an amendment is appropriate, please tell us why
in your
response.

       After reviewing any amendment to your registration statement and the
information
you provide in response to this letter, we may have additional comments.

Post-Effective Amendment No. 1 to Registration Statement on Form S-1
General

1.     We note your disclosure on pages 89 and 92 that the manner by which
creations and
       redemptions are made is dictated by the terms of the Authorized
Participant
       Agreement. Please revise to identify your current Authorized
Participants that have
       Authorized Participant Agreements that allow for only cash, only in-kind
and
       both cash and in-kind creations and redemptions. In addition, please
revise to identify
       your Ether Trading Counterparties and disclose the material terms of the
agreements
       with the Ether Trading Counterparties.
 June 4, 2025
Page 2

        We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence
of action by the staff.

       Please contact Irene Paik at 202-551-6553 or David Gessert at
202-551-2326 with
any questions.

                                                         Sincerely,

                                                         Division of
Corporation Finance
                                                         Office of Crypto
Assets
cc:   Morrison C. Warren, Esq.

```

### Attached PDF Documents

**Attachment 1:** `filename1`

_No text found in this document._