Fidelity Investments has taken a bold step in the cryptocurrency market by submitting a Form S-1 for a proposed spot Ethereum exchange-traded fund (ETF) with staking capabilities, according to recent SEC filings. This move underscores Fidelity’s commitment to expanding its presence in the burgeoning digital asset space. Fidelity filed a Form S-1 for a proposed spot Ethereum ETF that includes a staking feature, according to SEC filings. Bloomberg analyst James Seyffart said that he still believes that this round of spot Ethereum ETF applications will ultimately be rejected in May.… — Wu Blockchain (@WuBlockchain) March 27, 2024 However, Bloomberg analyst
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