Fidelity files with SEC to add staking to Ethereum ETF

1 day ago

Fidelity Investments plans to adhd staking to its spot Ether exchange-traded product, the Fidelity Ethereum Fund (FETH), according to its Tuesday filing with the US Securities and Exchange Commission (SEC).

The plus manager said FETH could involvement up to 100% of its Ether nether mean conditions, excluding ETH reserved for redemptions, expenses and liquidity needs.

The money would clasp 85% of staking rewards, with 15% going toward staking fees, and plans quarterly currency distributions, though payouts are not guaranteed. Fidelity expects staking to statesman “as soon arsenic practicable” aft the prospectus date. The preliminary prospectus remains taxable to alteration earlier the registration connection becomes effective.

One of the world’s largest plus managers, Fidelity follows different US Ether products offering oregon pursuing staking. Grayscale became the archetypal US issuer to alteration staking successful spot crypto exchange-traded products successful October 2025, portion BlackRock launched its abstracted iShares Staked Ethereum Trust ETF (ETHB) successful February 2026. Bitwise besides sought to adhd staking to its Ethereum ETF but withdrew the connection successful September 2025. 

Seeking Alpha contributor Ryne Mauck wrote successful May that FETH’s deficiency of staking enactment it astatine a “relative disadvantage” to staking-enabled products from Grayscale and BlackRock.

As of Aug. 11, FETH had recorded astir $2.13 cardinal successful cumulative nett inflows since its July 2024 launch, according to Farside Investors. Ahead of Wednesday’s US markets open, the ETF was starring pre-market gains crossed astir ETH funds, up 2.4%, according to Yahoo Finance data.

Related: Italy’s biggest slope triples staked Ether ETF holdings portion cutting IBIT shares

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