Asset Management Giant VanEck Files for Staked Ethereum ETF
The global investment management giant VanEck has filed for a new Lido Staked Ether ( stETH ) exchange-traded fund (ETF) in the US.
Documents submitted to the state of Delaware on Monday indicate the ETF, if approved, would be tied to the price of stETH, a liquid staking token on the Lido protocol.
Lido Staked Ether is based on the underlying ownership of Ethereum ( ETH ) and earns staking rewards.
In August, the U.S. Securities and Exchange Commission (SEC) announced that liquid staking activities do not involve the offer and sale of securities and do not need to be registered with the regulator.
Kean Gilbert, head of institutional relations at the Lido Ecosystem Foundation, says VanEck’s new ETF application signals “growing recognition that liquid staking is an essential part of Ethereum’s infrastructure.”
“Lido protocol’s stETH has shown that decentralization and institutional standards can coexist, providing a foundation the broader market can build on.”
Lido Institutional says that users have earned more than $2 billion in staking rewards since the launch of the Lido protocol, which the decentralized finance data aggregator DeFi Llama notes has more than $34.2 billion in total value locked (TVL).
TVL refers to the amount of capital deposited within a protocol’s smart contracts and is often used to gauge the health of a crypto ecosystem.
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
EDEN Experiences a 173.91% Daily Jump Despite Ongoing Downtrend
- EDEN surged 173.91% in 24 hours to $5.84 on Oct 22, 2025, but remains down 685.81% in seven days. - Analysts attribute the spike to speculative trading, not fundamentals, with no sustained momentum following the rally. - Technical indicators show overextended positions, suggesting short-term consolidation and potential support level retests.
Stable hints at establishing a foundation and will make a major announcement tomorrow
Trending news
MoreCrypto prices
More








