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Fidelity files to stake FETH holdings, retaining 85% of Ethereum rewards for the fund

8/12/2026

85% of staking rewards would stay inside FETH, Fidelity's spot Ether ETF, with the remainder flowing to investors as quarterly cash payments, per a filing submitted to the SEC to add staking capability to the fund.

The math reconciles: 85% held by the fund, 15% paid out each quarter. Those two parameters are the only structural disclosures in the filing summary.

The 85% retention split FETH would retain 85% of any staking rewards generated, with investors receiving 15% as quarterly cash distributions.

No annualized reward rate, no fee treatment on staking income, and no validator custody arrangement appear in the disclosed summary. The ratio defines the product's yield proposition.

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