Fidelity Unlocks Full Staking Potential for Ethereum and Solana ETPs

Fidelity has restructured its Ethereum and Solana spot exchange-traded products (ETPs) to allow up to 100% of held digital assets to be staked. The change affects the Fidelity Ethereum Fund (FETH) and Fidelity Solana Fund (FSOL), which will now stake their entire holdings under normal market conditions.

The funds will receive 85% of total rewards generated from staking, while 15% will go towards related fees. This revised structure removes a previous cap on the amount eligible for staking and gives Fidelity more flexibility in managing its assets.

The move comes amid increasing competition among digital asset ETPs with staking capabilities. Staking-enabled ETPs differentiate themselves from non-staking products by offering investors additional yield opportunities, but they also come with a risk of withdrawal delay due to staked assets.