Fidelity Plans to Add Staking and Quarterly Cash Distributions to Nearly $900M Ether ETF Fidelity plans to add ETH staking and quarterly cash distributions to the Fidelity Ethereum Fund (FETH), which has $898 million in net assets. Under normal conditions, the fund may stake up to 100% of its ETH holdings, with no minimum requirement, while retaining some ETH for redemptions, expenses and other liquidity needs. The fund will retain 85% of gross staking rewards, with the remaining 15% paid to the sponsor, custodians and node operators. Net rewards will first cover fund expenses, with the remainder distributed quarterly in cash. The fund may sell ETH to fund distributions if necessary.
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