Fidelity has moved to let its Ethereum and Solana exchange-traded products stake up to 100% of the crypto they hold, with 85% of staking rewards directed back to the funds. That is a meaningful upgrade to the ETF wrapper: investors can potentially receive blockchain staking income without managing wallets, validators or the operational work of staking themselves.
Staking means committing tokens to help run and secure a blockchain in return for rewards. Until now, the regulated-fund version of that trade has often been more limited than holding the asset directly. Full staking makes Fidelity’s products more competitive for investors who want ETH or SOL exposure but also care about the yield that comes with owning those networks.
The catch is liquidity. Staked assets may not be immediately available for sale or redemption, and Fidelity has flagged exit-delay risk. That matters most during sharp market moves, when an ETF may need to unwind or adjust positions quickly. Investors should also remember that staking rewards are variable, not a fixed interest payment, and do not protect against a fall in ETH or SOL prices.
This is mostly upside for regulated crypto access and for the market structure around proof-of-stake assets, not a guaranteed token-price catalyst. It matters most to brokerage-based investors, advisers and institutions that want staking exposure inside familiar fund accounts, while traders should watch whether competing issuers follow and whether demand actually arrives.