Fidelity Files with SEC to Incorporate Staking in Ethereum ETF

Fidelity has filed with the U.S. Securities and Exchange Commission (SEC) to add staking capabilities to its Ethereum exchange-traded fund (ETF). The proposed structure involves the fund retaining 85% of staking rewards generated by ETH, with the remaining portion distributed quarterly to investors. This move indicates Fidelity's interest in integrating staking rewards into traditional investment products, potentially offering investors a new way to earn passive income from their ETH holdings. The filing suggests a growing trend among asset managers to incorporate blockchain-based yield opportunities into mainstream financial products. If approved, this could set a precedent for other ETFs to include staking features, further bridging the gap between traditional finance and the crypto ecosystem.