Fidelity FETH, FSOL Can Stake Up to 100% of Crypto

Fidelity’s spot Ethereum and Solana funds, FETH and FSOL, can now stake up to 100% of the crypto they hold, with investors keeping 85% of the gross staking rewards generated, according to a new SEC filing.

What Fidelity changed for FETH and FSOL staking

The update covers Fidelity’s Ethereum Fund (FETH) and Solana Fund (FSOL), the firm’s two staking-eligible crypto products. Under the revised structure, both funds are permitted to stake up to 100% of their underlying crypto holdings rather than a capped portion. For related coverage, see EU AI Law Puts Crypto Firms in Scope: What to Watch.

The change is set out in a Fidelity registration document filed with the U.S. securities regulator, an SEC filing dated August 7, 2026. The core terms here are drawn from that filing rather than secondary commentary. Fidelity has previously signaled a deeper push into digital-asset policy, having backed the Crypto Clarity Act.

How the 85% gross staking rewards split works

Investors retain 85% of gross staking rewards earned by the funds. That figure refers to rewards before deductions, not a guaranteed or net return, and actual yield depends on network conditions and how much of each fund’s crypto is staked. For related coverage, see CLARITY Act Update Could Ban U.S. Presidents From Holding Crypto Tokens.

The filing frames staking as optional and variable, so the share of holdings staked can move over time. The treatment of the remaining portion of gross rewards is not detailed in the available research and is not assumed here. For related coverage, see SEC Scrutiny of Crypto After ETF Approvals Renews Focus.

Why the staking design matters for fund positioning

FETH and FSOL give investors regulated exposure to Ethereum and Solana. Allowing staking of up to 100% of holdings points to a more aggressive use of the underlying assets inside the fund wrapper, which can affect how these products compete against non-staking peers. For related coverage, see Bitcoin Falls Below $77,000 as Selling Pressure Hits Crypto Market.

Staking-enabled ETFs remain an evolving area of regulatory attention, following the broader wave of SEC scrutiny after ETF approvals. The reporting also flags exit-delay risks tied to staked assets, a structural consideration for redemptions.

What to watch next: subsequent Fidelity disclosures and amended registration statements, including related filings such as this amended S-3 registration, which may clarify fee handling, the staked share over time, and redemption mechanics.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.