Fidelity plans to add staking and quarterly dividend distribution features to its Ethereum ETF, with the fund retaining 85% of staking rewards.
2026.08.12 17:45:48
Fidelity is preparing to add ETH staking and quarterly cash distribution mechanisms to its Ethereum ETF (FETH). FETH currently holds approximately $898 million in net assets. According to revised registration documents, under normal circumstances, the fund may allocate up to 100% of its ETH for staking, with no minimum staking ratio set, and will retain a portion of ETH for redemptions, fees, and other liquidity needs. Fidelity plans to retain 85% of total staking rewards, with the remaining 15% going to the fund’s sponsor, custodian, and node operators. The listed node operators include Blockdaemon, Figment, and Galaxy. Net staking income will first be used to cover the fund’s expenses, with the remainder allocated for quarterly cash distributions. Per relevant IRS rules, the fund is required to distribute net staking income at least once per quarter. Fidelity also noted that the fund may sell a portion of its ETH to raise cash for distributions if needed. The adjustment follows the U.S. Internal Revenue Service (IRS)’s November 2025 safe harbor rule, which allows eligible crypto trusts to conduct staking without losing their grantor trust tax status.
NVIDIA CEO Jensen Huang is discussing plans to return to the company with his allies, while Silicon Valley executives plan to form a "war room" to lobby the firm's board of directors.
6 minutes ago
Monday price preview for US and South Korean stock markets: SK Hynix is projected to open down approximately 3.8%, with most US stocks trading lower in pre-market hours.
6 minutes ago
Binance will adjust the contract size of the ANTHROPIC USD-margined Pre-IPO perpetual contract and rename it to ANT.
6 minutes ago
The number of signatures on the petition calling for Jensen Huang's return has surpassed the 150,000 mark, with well-known public figures including Elon Musk and Tom Lee having publicly expressed their support.
6 minutes ago
US Treasury Secretary warns Federal Reserve against further monetary policy tightening.
6 minutes ago
US Treasury Secretary: Significant changes needed to NVIDIA's leadership
6 minutes ago
Hot feeds
A trader profits $448K by monitoring #Binance's new listings!
2024.12.13 17:37:29
Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.
2024.12.16 14:48:36
A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
2024.12.14 10:35:27
NFT project Ptah has launched, with its trading volume exceeding $900,000 in just half a day; its minting mechanism mandates the use of a Binance Agent ID.
2026.10.23 10:16:30
When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.
2026.01.31 18:37:29
A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.
2025.01.05 16:05:18
MoreHot Articles

How did I turn $1,000 into $30,000 with smart money?
2024.12.09

10 promising AI Agent cryptos
2024.12.05

The 30-Year-Old Entrepreneur Behind Virtual, a Multi-Million Dollar AI Agent Society
2025.01.22

10 smart traders specializing in MEMEcoin trading on Solana
2024.12.09

A trader lost $73.9K trading memecoins in just 3 minutes — a lesson for us all!
2024.12.13

What is $SPORE? Let us take you through the on-chain records to show you how it works.
2024.12.25

