PANews
PANews|Aug 12, 2026 09:35
[Fidelity Plans to Introduce Staking and Quarterly Dividends for Its Nearly $900 Million Ethereum Spot ETF] According to CoinDesk, Fidelity Investments' U.S. Ethereum spot ETF, "Fidelity Ethereum Fund (FETH)," intends to add Ethereum staking and quarterly cash dividend provisions. The fund currently has a net asset value of approximately $898 million and, under normal circumstances, can stake up to 100% of its held ETH while retaining a portion of assets to meet redemption and liquidity needs. Based on the revised registration statement, the fund will retain approximately 85% of the total staking revenue, with the remaining 15% allocated as service fees to the fund initiator, custodians, and node operators, including Blockdaemon, Figment, and Galaxy.
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