Bankless · Thursday, August 13, 2026
Fidelity has filed to stake up to 100% of its Ethereum ETF holdings and potentially offer quarterly cash distributions to its holders. This move by Fidelity, which currently holds approximately $1 billion in its ETH ETF, introduces a new model for ETH ETFs, contrasting with BlackRock's approach of accruing yield within the ETF's value. The discussion also touches on the ongoing debate about capping Ethereum's staking issuance.
“Fidelity is filing to stake up to 100% of its ETH ETF, and it wants to pay holders a dividend.”
“David, Fidelity is adding staking and quarterly cash distributions to its ETH ETF. So it's going to give staking yield to ETH ETF holders for the Fidelity ETF. I think it's about a billion dollars in there right now in their Ethereum ETF.”
“And they talked about potentially staking up to 100% of their ETH holdings. I guess they can do that from a risk perspective. That's interesting in and of itself.”