Fidelity restructures ETH and SOL spot ETPs to allow up to 100% staking
Fidelity restructured the operations of its Ethereum and Solana spot exchange-traded products to allow up to 100% of held digital assets to be staked, with investors keeping 85% of gross staking rewards. The change carries a caveat that unstaking may not finish fast enough for redemptions, potentially forcing settlement delays or cash substitution.
Detected & updated continuously · Source: Nebula
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@CryptoSlate
📊 DATA: Fidelity’s FETH and FSOL can stake up to 100% of fund crypto, with investors keeping 85% of gross staking rewards. The catch: unstaking may not finish fast enough for redemptions, forcing settlement delays or cash substitution when network exits drag on.
@allthemoney
Fidelity has restructured the operations of its Ethereum (ETH) and Solana (SOL) spot exchange-traded products (ETPs) to allow up to 100% of held digital assets to be staked. Investors will receive 85% of total rewards generated from staking. https://t.co/JntnY2L438