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 […] The post Asset Management Giant VanEck Files for Staked Ethereum ETF appeared first on The Daily Hodl.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 […] The post Asset Management Giant VanEck Files for Staked Ethereum ETF appeared first on The Daily Hodl.

Asset Management Giant VanEck Files for Staked Ethereum ETF

2 min read

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.

Follow us on X, Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Asset Management Giant VanEck Files for Staked Ethereum ETF appeared first on The Daily Hodl.

Market Opportunity
Lido Staked ETH Logo
Lido Staked ETH Price(STETH)
$2,208.78
$2,208.78$2,208.78
-4.00%
USD
Lido Staked ETH (STETH) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

The post Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council appeared on BitcoinEthereumNews.com. Michael Saylor and a group of crypto executives met in Washington, D.C. yesterday to push for the Strategic Bitcoin Reserve Bill (the BITCOIN Act), which would see the U.S. acquire up to 1M $BTC over five years. With Bitcoin being positioned yet again as a cornerstone of national monetary policy, many investors are turning their eyes to projects that lean into this narrative – altcoins, meme coins, and presales that could ride on the same wave. Read on for three of the best crypto projects that seem especially well‐suited to benefit from this macro shift:  Bitcoin Hyper, Best Wallet Token, and Remittix. These projects stand out for having a strong use case and high adoption potential, especially given the push for a U.S. Bitcoin reserve.   Why the Bitcoin Reserve Bill Matters for Crypto Markets The strategic Bitcoin Reserve Bill could mark a turning point for the U.S. approach to digital assets. The proposal would see America build a long-term Bitcoin reserve by acquiring up to one million $BTC over five years. To make this happen, lawmakers are exploring creative funding methods such as revaluing old gold certificates. The plan also leans on confiscated Bitcoin already held by the government, worth an estimated $15–20B. This isn’t just a headline for policy wonks. It signals that Bitcoin is moving from the margins into the core of financial strategy. Industry figures like Michael Saylor, Senator Cynthia Lummis, and Marathon Digital’s Fred Thiel are all backing the bill. They see Bitcoin not just as an investment, but as a hedge against systemic risks. For the wider crypto market, this opens the door for projects tied to Bitcoin and the infrastructure that supports it. 1. Bitcoin Hyper ($HYPER) – Turning Bitcoin Into More Than Just Digital Gold The U.S. may soon treat Bitcoin as…
Share
BitcoinEthereumNews2025/09/18 00:27
BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44
Trump Denies Involvement in $500M Abu Dhabi WLFI Stake

Trump Denies Involvement in $500M Abu Dhabi WLFI Stake

The post Trump Denies Involvement in $500M Abu Dhabi WLFI Stake appeared on BitcoinEthereumNews.com. US President Donald Trump has denied knowledge of a reported
Share
BitcoinEthereumNews2026/02/03 23:26