Claim BonusVanEck Submits Preliminary Prospectus for Lido Staked Ethereum ETF with US SEC
Highlights
- VanEck files for a Lido Staked Ethereum ETF with the US SEC.
- The ETF will offer staking rewards along with exposure exposure to Ethereum.
- Lido Staked ETH price fell more than 3%.
VanEck has submitted a preliminary application for a Lido Staked Ethereum ETF with the U.S. Securities and Exchange Commission (SEC). The issuer becomes the first to file an exchange-traded fund for Lido staked Ethereum as the Generic Listing Standards take effect earlier this month.
VanEck Files Application for Lido Staked ETF with US SEC
$133 billion AuM issuer VanEck has filed an S-1 form for a Lido Staked Ethereum ETF, according to a US SEC filing dated October 16. This comes following a statutory trust registration by VanEck for Lido Staked Ethereum ETF in Delaware last week, with CSC Delaware Trust Company as its registered agent.
If approved, it would give investors regulated exposure not only to Ethereum (ETH) but also to staking rewards earned through liquid staking protocol Lido. The ETF will track spot stETH prices based on MarketVector’s Lido Staked Ethereum Benchmark Rate index.
The DeFi staking protocol allows users to stake ETH without running validator nodes, issuing Lido Staked ETH (stETH) liquid staking token that represents deposited ETH and staking yield. As per DeFiLlama data, 8.49 million ETH worth over $33.37 billion is staked on Lido, representing 59.88% market share.
The SEC will decide on the first Lido Staked Ethereum ETF under the Generic Listing Standards. This reduces the crypto ETF approval timeline from 240 days to 75 days under the Securities Act of 1933.
Lido Staked ETH (stETH) Price Action
Traders didn’t respond immediately to the VanEck Lido Staked Ethereum ETF announcement amid uncertainty due to the crypto market crash. Lido Staked ETH price fell more than 3% in the past 24 hours, with the price currently trading at $3,867.53.
The 24-hour low and high are $3,835.96 and $4,066.89, respectively. Furthermore, the trading volume has increased by 40% in the last 24 hours, indicating cautious trading by traders.
The crypto community still awaits the SEC’s decision on permitting staking on spot Ethereum ETFs, currently delayed due to the U.S. government shutdown. Notably, Grayscale enabled staking in its Ethereum Trust ETF (ETHE) and Ethereum Mini Trust ETF (ETH), becoming the first U.S. spot crypto ETPs to offer staking.
However, despite the launch of staking facility, Grayscale ETHE and ETH didn’t see much inflows. In fact, these two ETFs saw the least inflows in comparison to other US ETF issuers.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Strategic Bitcoin Reserve: South Dakota Introduces Bill to Invest in BTC as U.S. States Explore Crypto
- Trump Speech in Iowa Today: Possible Impact on Stocks and Crypto Market
- XRP Payments Utility Expands as Ripple Launches Treasury Platform
- Trump’s Crypto Adviser Confirms Probe Into Alleged Theft From U.S. Crypto Reserve
- Federal Reserve to Hold Interest Rates Until June, Crypto Traders Predict
- Shiba Inu Price Outlook As SHIB Burn Rate Explodes 2800% in 24 Hours
- Pi Network Price Prediction as 134M Token Unlock in Jan 2026 Could Mark a New All-Time Low
- Bitcoin Price Outlook as US Dollar Index Hits 4-Year Low, Gold Soars
- Stock Market Today: Nasdaq, Dow, S&P 500 Futures Rise Ahead of Fed Meeting, and Jobless Claims
- Bitcoin And XRP Price Prediction Ahead of FOMC Meeting Tomorrow, Jan 28
- XRP Price Prediction as Ripple Scores Big Partnership in Cash-Rich Saudi Arabia
