Fidelity Makes Significant Changes in Latest Ether ETF Filing
Tuesday, 21 May 2024, 11:40
Fidelity's Strategic Move
In a surprising development, Fidelity has made significant changes to its Ether ETF filing by eliminating staking plans. This decision comes amidst an environment where annualized yields on ether staking are nearly 3%, as per data from staking service Lido.
Key Takeaways:
- Fidelity's Pivot: The removal of staking plans suggests a new strategy for Fidelity in the crypto investment space.
- Yield Insights: The data from Lido underscores the potential returns from ether staking.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.