Fidelity updates FETH fund to enable Ethereum staking with quarterly payouts
2h ago•
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🚨 Fidelity opens Ethereum staking in its $898 million FETH fund.
💡 FETH investors will receive 85% of staking proceeds with quarterly payouts.
🔑 FETH will work with node operators like Blockdaemon, Figment, and Galaxy Digital.
📈 Grayscale and BlackRock recently launched similar staking products for $ETH.
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