In a new update for the fund, Fidelity have submitted To add to stake to his Ethereum etf. In fact, the Chicago Board Options Exchange (CBOE) has submitted an application that would enable the asset manager to conduct efforts for his crypto -based fund.
Although Ether ETF did not have the same success as Bitcoin, access is still the leading Defi chain with more than $ 51 billion in the total value locked. In addition, ETH ETF issuers have driven to stand to be available to investors in the midst of the ongoing cryptopolitical change that takes place in the United States.
Just in: Fidelity files to add staking to their Ethereum ETF.
– watcher.guru (@watcherguru) March 11, 2025
Fidelity looks to add staking to Ethereum etf in the middle of us Crypto Push
During the first two months of the year, the United States has fully visited its attitude regarding the Cryptocurrency sector. With the US President returns Donald TrumpThe country has tried to embrace the asset class. In addition, companies are increasing to take advantage of that change.
In early 2024, the crypto landscape changed dramatically with the arrival of crypto -based ETFs. Bitcoin and Ethereum, the two largest symbols after market cases, received approval. Now the latter can be canceled to have a huge change in its fund. Specifically, Fidelity has submitted to add staking to its Ethereum ETF.
Also read: Fidelity says governments are likely to buy Bitcoin 2025
With approximately $ 112 billion in ET assets, the US Ethereum ETFs have proven its value. In addition, Fidelity is the latest in a series of issuers who try to enable efforts for ETFs. NYSE and CBOE have submitted to allow the process in Grayscale and 21 Shares funds respectively. In addition, Sec has reportedly said that the effort is now Back on the table during the Trump administration.
