Fidelity Moves to Stake up to 100% of Its Ether ETF
Fidelity has filed to add staking to its ethereum ETF, potentially putting nearly all of FETH’s ether to work earning network rewards. Shareholders would receive net staking proceeds through quarterly cash distributions if the changes take effect. Fidelity Plans Quarterly Cash Payouts From FETH Staking Rewards Fidelity is seeking to turn its spot ethereum fund […]
Key Takeaways
- Fidelity has filed to add staking to its ethereum ETF, potentially putting nearly all of FETH’s ether to work earning network rewards.
- Shareholders would receive net staking proceeds through quarterly cash distributions if the changes take effect.
- Fidelity Plans Quarterly Cash Payouts From FETH Staking Rewards Fidelity is seeking to turn its spot ethereum fund […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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