Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Asset Management Giant VanEck Files for Staked Ethereum ETF

Asset Management Giant VanEck Files for Staked Ethereum ETF

Daily HodlDaily Hodl2025/10/20 16:00
By:by Conor Devitt

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

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin Finds Its Way to Wall Street Through ETF Conversions

In Brief Bitcoin shifts towards traditional systems, influenced by major financial institutions. Large Bitcoin holders favor ETF conversions for strategic integration and efficiency. Price volatility suppresses retail involvement, while institutional interest persists.

Cointurk2025/10/22 10:51
Bitcoin Finds Its Way to Wall Street Through ETF Conversions