Fidelity Updates Ethereum ETF Proposal to Include Staking

Financial services behemoth Fidelity requests permission to stake a portion of the Ether owned by its proposed spot Ether ETF to give investors extra money.
Financial services behemoth Fidelity requests permission to stake a portion of the Ether owned by its proposed spot Ether ETF to give investors extra money.
Key Takeaways Several major asset management firms, including Fidelity, BlackRock, and VanEck, have submitted amended forms to the Securities and Exchange Commission (SEC) for proposed spot bitcoin ETFs, marking a pivotal moment in the industry’s pursuit of approval. This moveโฆ
Fidelity Investments and the US SEC recently met to discuss the latter's application for a spot Bitcoin ETF and to obtain further clarification.
Key Takeaways Money management giant Fidelity has filed for the creation of an exchange-traded fund (ETF) focused on Ethereum’s ether (ETH). The proposed Fidelity Ethereum Fund aims to be listed by an exchange owned by Cboe Global Markets, as revealedโฆ
Resubmitting its application to the U.S. Securities and Exchange Commission (SEC) for its Bitcoin spot ETF, "Wise Origin Bitcoin Trust," is Fidelity Investments.
Fidelity recently applied for metaverse trademarks in the US to offer investing and other options in the virtual world.