RWATimes.io on Nostr: 📰 Fidelity plans Ethereum staking for $898M FETH fund 🗓️ Aug 12 2026 10:55 ...
📰 Fidelity plans Ethereum staking for $898M FETH fund
🗓️ Aug 12 2026 10:55 UTC
Fidelity has moved to add Ethereum staking and quarterly cash distributions to its $898 million Fidelity Ethereum Fund, with the trust allowed to stake as much as 100% of its ETH under normal conditions. The U.S. Securities and Exchange Commission…
➤ Fidelity plans to enhance its $898 million Fidelity Ethereum Fund (FETH) by enabling Ethereum staking and quarterly cash distributions.
➤ The fund aims to stake up to 100% of its ETH under normal conditions, retaining 85% of staking rewards after fees to cover expenses and distribute to shareholders.
➤ This move is supported by recent IRS guidance on staking rewards for investment trusts, though it introduces potential redemption and slashing risks.
#fidelity #ethereum #staking #feth #sec #cashdistributions #nodeoperators #irs #revenueprocedure202531 #gracyscale
🔗 Read more at:
https://rwatimes.io/articles/coinmarketcap-fidelity-plans-ethereum-staking-for-898-m-feth-fund-252974565Published at
2026-08-13 07:41:23 UTCEvent JSON
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"content": "📰 Fidelity plans Ethereum staking for $898M FETH fund\n🗓️ Aug 12 2026 10:55 UTC\n\nFidelity has moved to add Ethereum staking and quarterly cash distributions to its $898 million Fidelity Ethereum Fund, with the trust allowed to stake as much as 100% of its ETH under normal conditions. The U.S. Securities and Exchange Commission…\n\n➤ Fidelity plans to enhance its $898 million Fidelity Ethereum Fund (FETH) by enabling Ethereum staking and quarterly cash distributions.\n➤ The fund aims to stake up to 100% of its ETH under normal conditions, retaining 85% of staking rewards after fees to cover expenses and distribute to shareholders.\n➤ This move is supported by recent IRS guidance on staking rewards for investment trusts, though it introduces potential redemption and slashing risks.\n\n#fidelity #ethereum #staking #feth #sec #cashdistributions #nodeoperators #irs #revenueprocedure202531 #gracyscale\n\n🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-fidelity-plans-ethereum-staking-for-898-m-feth-fund-252974565",
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