World · Institutional · United States ·
Fidelity files to add staking rewards to Ethereum ETF with quarterly payouts
Fidelity filed with the SEC to add Ethereum staking to its FETH fund, with the fund retaining 85% of gross staking rewards and distributing the remaining 15% to investors quarterly.
Why it matters for the crypto market
A major asset manager adding yield-generating staking features to a spot Ethereum ETF increases passive income options for institutional investors holding crypto.
Source: CoinDesk
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