Fidelity amends Ethereum ETF filing for staking and cash payouts

Fidelity Investments, through its sponsor FD Funds Management LLC, filed an amended registration statement with the U.S. Securities and Exchange Commission (SEC) on 2026-08-11 to integrate Ethereum staking capabilities and quarterly cash distributions into its spot Ether exchange-traded fund (ETF), the Fidelity Ethereum Fund (FETH).This move aims to transform FETH into a yield-bearing investment vehicle, potentially broadening its appeal to a wider range of investors.Fidelity proposes yield-bear