New update from Fidelity on the new Ether spot ETF

Fidelity, one of the companies applying for an Ether ETF, made changes to its fund pending approval. The company officially notified the SEC that Ether staking was removed from the fund.

New update from Fidelity on the new Ether spot ETF

Fidelity, the largest investor in the Bitcoin spot ETF after BlackRock, announced changes to its Ether spot ETF in a filing with the SEC. ETH staking service and feature has been removed from the company’s Ether spot mutual fund.

Yesterday evening, the SEC requested that companies applying for an Ether spot ETF act quickly on changes to some filings. It is noteworthy that Fidelity’s change came after this request.

As it will be remembered, on May 10, ARK Invest announced that it removed the staking feature from its Ether spot ETF.

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