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(Kitco News) – Institutions continue to ramp up their crypto offerings as global regulators move ever closer to establishing a framework to deal with the nascent asset class as adoption advances.

More recently, Fidelity Investments launched a new Ethereum Index Fund that will give its clients exposure to Ether (ETH), according to a filing the firm filed with the SEC on Sept. 26.

The new fund accepts minimum outside investments of $50,000 and has already recorded more than $5 million in sales.

The billionaire asset…