Fidelity Plans to Add Staking and Quarterly Cash Distributions to Its Nearly $900M Ethereum ETF
Source：
www.coindesk.com
Odaily News – Asset management firm Fidelity plans to add Ethereum staking and quarterly cash distribution mechanisms to its Fidelity Ethereum Fund (FETH). The fund has net assets of $898 million.
FETH intends to retain 85% of total staking rewards, with the remaining 15% paid to service providers. This move aligns with similar plans from Grayscale and 21Shares, while BlackRock has already launched a separate staking product. (CoinDesk)
