#FidelityEthereumETF

Fidelity Investments has proposed an update to its Ethereum ETF application to include staking capabilities, causing the Lido protocol token to surge by 9%. This move, aimed at providing investors with rewards on their holdings, sets Fidelity apart from other firms like BlackRock and Ark Invest also seeking to launch Ethereum ETFs. The market responded positively, especially to Lido, but regulatory approval by the SEC remains uncertain with a key deadline on May 23. This development could significantly impact the future of Ethereum ETFs and crypto-financial products integration.

Read more about it [here](https://www.cryptometer.io/news/fidelitys-ethereum-etf-application-proposes-staking-feature-boosting-lido-token/).