VanEck seeks to withdraw application for Lido staked Ether ETF
Summary
VanEck has abandoned plans for an exchange-traded fund holding Lido staked Ether (stETH), according to an SEC filing. The firm said it would not proceed with distributing the trust’s shares but gave no reason for the decision and did not say whether it would pursue another product. VanEck filed the fund’s initial registration statement in October 2025; the proposed trust was designed to hold stETH and accrue staking rewards.
