Fidelity Investments plans to add staking to it’s Spot Ethereum ETF (Fidelity Ethereum Fund – FETH) as part of their response to growing concerns surrounding competition from over US Issuers also offering staking. T
The fund will retain 85% of staking rewards and allocate 15% to staking fees. Quarterly cash distributions are planned but not guaranteed.
As of August 11, FETH had recorded about $2.13 billion in cumulative net inflows since its July 2024 launch.
Written by Oliver Grant
Markets Desk
