Fidelity adds staking to its Ethereum Fund FETH
- —Fidelity's FETH fund can now stake its ether holdings
- —Fund investors gain exposure to staking rewards
- —Fidelity cites rising institutional demand for Ethereum
Why it matters: A major asset manager monetizing staking inside a fund product could accelerate institutional inflows into ETH and set a precedent for peers.
Source: Coinfomania