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Fidelity Adds Staking to Ether ETF Application, Sending LIDO Up 9%

The asset manager filed to launch an ethereum fund in November.

By Helene Braun|Edited by Kevin Reynolds

Updated Mar 18, 2024, 10:05 p.m. Published Mar 18, 2024, 9:59 p.m.

Fidelity Investments sign on a building — Money management giant Fidelity wants to allow traders of its potential ethereum fund to be able to stake some of the assets, it wrote in an amendment with the U.S. Securities and Exchange Commission (SEC). (Marco Verch/Flickr)