Golden Finance Report, Fidelity's Ethereum ETF received a total of 3,250 ETH yesterday, valued at approximately $7.63 million. These funds were transferred to a custodian address. Specifically, the Cumberland DRW marked address transferred 1,000 ETH to Fidelity's spot exchange-traded fund for Ethereum, FETH, with a value of approximately $2.36 million. Subsequently, FETH transferred these funds to the Fidelity Custody custodian address. Shortly after, FETH received approximately 2,250 ETH from the Coinbase Prime address, valued at about $5.27 million, and similarly transferred these funds to the Fidelity Custody custodian address. This operation indicates Fidelity's active involvement and investment strategy in the Ethereum market.