Fidelity has filed an amended S-1 with the United States Securities and Exchange Commission (SEC) for its spot Ether exchange-traded fund (ETF).
It turns out that the asset management giant has filed an updated S-1 filing stating that the ETF's underlying Ether ETHUSD tokens will not be staked. S-1 filings are the SEC's registration form required for the launch of publicly traded securities products in the United States.