Fidelity looks to add staking to Ethereum ETF application

Fidelity has written in a revised submission to the US Securities and Exchange Commission (SEC) that it wants to offer its potential Ethereum fund traders the ability to pledge a portion of their assets. The asset management company applied to launch an Ethereum exchange-traded fund (ETF) in November last year. Other potential issuers include BlackRock, Ark Invest, and Grayscale.