đš BREAKING NEWS: VanEck seeks to withdraw application for Lido staked Ether ETF
VanEck initially filed an S-1 registration statement for the exchange-traded fund in October last year.
Asset manager VanEck said it no longer plans to proceed with its proposed Lido staked Ether exchange-traded fund, shelving the product designed to give investors exposure to the liquid staking token.
In an SEC filing on Wednesday, VanEck Digital Assetssaidit âdoes not intend to proceed with the planned distributionâ of the trustâs shares. It did not explain what prompted the decision or whether VanEck would pursue a replacement product.
VanEckinitially filedthe fundâs S-1 registration statement on Oct. 16, 2025. The proposed fund would have held Lido staked Ether (stETH) and would expect to accrue certain staking rewards through ownership of stETH.
đ [Äá»c toĂ n bá» bĂ i viáșżt táșĄi báșŁn gá»c](https://cointelegraph.com/news/vaneck-seeks-to-withdraw-application-for-lido-staked-ether-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)
đ° Nguá»n: đȘ CoinTelegraph
$BTC $ETH #BinanceSquare #CryptoNews
VanEck initially filed an S-1 registration statement for the exchange-traded fund in October last year.
Asset manager VanEck said it no longer plans to proceed with its proposed Lido staked Ether exchange-traded fund, shelving the product designed to give investors exposure to the liquid staking token.
In an SEC filing on Wednesday, VanEck Digital Assetssaidit âdoes not intend to proceed with the planned distributionâ of the trustâs shares. It did not explain what prompted the decision or whether VanEck would pursue a replacement product.
VanEckinitially filedthe fundâs S-1 registration statement on Oct. 16, 2025. The proposed fund would have held Lido staked Ether (stETH) and would expect to accrue certain staking rewards through ownership of stETH.
đ [Äá»c toĂ n bá» bĂ i viáșżt táșĄi báșŁn gá»c](https://cointelegraph.com/news/vaneck-seeks-to-withdraw-application-for-lido-staked-ether-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)
đ° Nguá»n: đȘ CoinTelegraph
$BTC $ETH #BinanceSquare #CryptoNews