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Wednesday, 20 March 2024

Fidelity Incorporates Staking in Spot Ethereum ETF Offering to Boost Fund’s Income

by BD Banks

Fidelity Incorporates Staking in Spot Ethereum ETF Offering to Boost Fund’s IncomeOn March 18, the financial behemoth Fidelity Investments updated its application for a spot ethereum exchange-traded fund (ETF) to encompass staking capabilities. The firm, Fidelity, has made it known that the sponsor might “from time to time” opt to “stake a portion of the fund’s assets through one or more trusted staking providers.” Fidelity Updates […]
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