FETH: The door to the future of finance and tokenization innovation

As of August 2025, Fidelity’s Ethereum Fund (FETH) has attracted more than $12 billion in institutional capital inflows, with an average daily inflow of more than $276 million. The U.S. Securities and Exchange Commission approved the Ethereum spot ETF under the CLARITY Act, reclassifying Ethereum as a utility token, driving a $9.4 billion in capital toward Ethereum products in the second quarter of 2025. Ethereum’s Dencun upgrade and EIP-4844 reduced Gas fees by 90% and enabled Layer 2 networks to process 65,000 transactions per second. FETH’s growth has driven the growth of tokenized real estate platforms such as Elevated Returns and Propy, while the total locked value of the second layer of DeFi (TVL) grew 38% to $240 billion in the third quarter of 2025.