VanEck Files for First-Ever Lido Staked Ethereum ETF

[cryptoenthusiast]

VanEck has filed an S-1 with the SEC for the VanEck Lido Staked Ethereum ETF, which would track stETH, Lido’s liquid staking token.

Through protocol-based staking, the trust expects to earn rewards on its stETH holdings. VanEck registered a Delaware statutory trust on Oct. 2, signaling early preparation for the launch.

Lido dominates the staking market, with 8.5 million ETH staked (≈ $33B) and currently offers a 3.3% annual yield. The filing positions VanEck to become the first U.S. issuer to bring liquid staking exposure to ETFs.

[EmTeam]

VanEck pushing for a staked ETH ETF could change institutional access to yield-bearing crypto assets.

[Rimon Khan]

If approved, this ETF will merge DeFi rewards with traditional investing — a major evolution for Ethereum exposure.