VanEck is seeking to withdraw its filing for a Lido staking Ether ETF, according to a report by The Defiant cited by ChainCatcher. The proposed fund had been designed to hold stETH directly and give investors exposure to Lido’s liquid staking token through brokerage accounts. The report said the fund’s registration never became effective, meaning the product did not reach the formal launch stage. Lido remains the largest liquid staking protocol on Ethereum, while stETH is the liquid staking token it issues. Users who stake ETH through the protocol can keep asset liquidity while earning staking rewards. The move concerns a product tied specifically to Lido’s staking structure rather than a spot Ether fund holding ETH alone, and the cited report did not say the registration had advanced into an effective issuance process before the withdrawal effort.
VanEck is seeking to withdraw its filing for a Lido staking Ether ETF, according to The Defiant in a report cited by ChainCatcher.
The proposed fund had been set up to hold stETH directly and offer investors exposure to Lido’s liquid staking token through brokerage accounts. The report said the fund’s registration never became effective, which means the product did not move into a formal launch stage.
Lido is the largest liquid staking protocol on Ethereum. Its token, stETH, is issued to users who stake ETH through the protocol, allowing them to keep liquidity while receiving staking rewards.
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