Major Asset Manager Fidelity to Offer Ethereum Staking in Potential ETF - Will the SEC Approve Before May 23?

EddieJayonCrypto

 19 Mar 24

tl;dr

Fidelity wants to give traders of its potential Ethereum fund the ability to stake some of the assets. The asset manager filed to launch an Ethereum exchange-traded fund (ETF) in November. Other potential issuers include BlackRock, Ark Invest, and Grayscale. Fidelity aims to allow traders of its pot...

Fidelity wants to give traders of its potential Ethereum fund the ability to stake some of the assets. The asset manager filed to launch an Ethereum exchange-traded fund (ETF) in November. Other potential issuers include BlackRock, Ark Invest, and Grayscale.

Fidelity aims to allow traders of its potential Ethereum fund to stake some of the assets, as they filed to launch an Ethereum exchange-traded fund in November. Other potential issuers include BlackRock, Ark Invest, and Grayscale, but experts see a slim chance of approval by the SEC before the May 23 deadline.

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