The Cboe BZX exchange has submitted an application to the SEC to integrate staking into Fidelity’s spot Ethereum-ETF (FETH). Similar requests were previously made by 21Shares and Grayscale
Experts believe that without staking, Ethereum-ETFs won’t be able to compete with Bitcoin funds. Currently, FETH manages $785 million in assets, and this move could make it even more attractive to investors
This will be approved!