Fidelity is set to introduce Ethereum staking and quarterly cash distributions, adding a new source of potential income to the spot ETF. However, staking has not started, and Fidelity warns that funding cash distributions could reduce the fund’s ETH exposure. Fidelity gearing up for Ethereum staking with FETHIn a subsequent Form 8-K on August 7, Fidelity stated it had amended trust and sponsor agreements for FETH to allow staking. ADCustody agreements have also been drawn up with Anchorage Digital and BitGo but Fidelity Digital Assets will continue its existing role as the fund’s custodian. Data shows that daily flows remain uneven, and the fund recorded a $2.33 million net outflow, alongside $19.64 million in trading volume.