VanEck Withdraws Filing for Lido Staked Ethereum ETF
- —VanEck withdrew its filing for a Lido stETH ETF
- —The fund would have held stETH directly for brokerage accounts
- —The registration never became effective
Why it matters: The withdrawal delays a US ETF tied to a liquid-staking token and tempers expectations of institutional inflows into Lido.
Source: The Defiant