Asset manager VanEck has officially registered its VanEck Lido Staked Ethereum Trust in Delaware, laying groundwork for a potential staked Ethereum ETF.
The registration, made through CSC Delaware Trust Company, is a key first step before approaching the U.S. Securities and Exchange Commission (SEC) for approval. While state-level registration does not guarantee a launch, it underscores VanEck’s commitment to broadening its crypto ETF lineup.
News of the filing triggered a rally in Lido DAO’s governance token (LDO), which climbed over 7%. VanEck already manages spot Bitcoin and Ethereum ETFs that have attracted strong inflows, and this move aims to capture demand for yield-bearing assets.
Lido is the largest platform for Ethereum liquid staking, allowing users to earn staking rewards while maintaining liquidity for trading.
By linking an ETF to Lido’s staked Ethereum, VanEck could offer institutional investors access to staking yields without direct blockchain complexity. The development highlights growing institutional appetite for staked assets.
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