Asset management behemoth Fidelity disclosed a $4.7 million seed investment in its latest amended filing for its spot Ethereum exchange-traded fund.

FMR Capital, Inc., an affiliate of Fidelity, bought one share for $40 in late May. Later, on June 4, FMR bought 125,000 shares at a share price of close to $38, Fidelity said in its amended registration form filed on Friday. 

"Total proceeds to the Trust from the sale of the Seed Baskets were $4,749,975.00," according to the filing. "On June 4, 2024, the Trust purchased 1,250 ether with the proceeds of the Seed Baskets."

A mention of fees was absent in Fidelity's form, echoing previous statements released by other spot Ether ETF issuers.

"Fidelity kicking off the the S-1-athon. No fee included yet tho (Franklin only one w fee so far …