📉 $LDO loses its ETF story: VanEck drops the stETH fund
• Withdrawal (Form RW) filed with the SEC on Oct 14
• S-1 came Oct 2025: first US ETF built on stETH
• No reason given; the fund never went live
• LDO $0.409, low $0.3732 today = lowest since Sep 18
• $ETH $2,456, +6% off today's $2,318 wick
🎯 My take: under ~$0.42 EMAs LDO stays heavy; lose $0.373 → Sep lows
💬 Do staking ETFs still matter for LDO, or priced in? 👇
#Lido #ETF #Ethereum
• Withdrawal (Form RW) filed with the SEC on Oct 14
• S-1 came Oct 2025: first US ETF built on stETH
• No reason given; the fund never went live
• LDO $0.409, low $0.3732 today = lowest since Sep 18
• $ETH $2,456, +6% off today's $2,318 wick
🎯 My take: under ~$0.42 EMAs LDO stays heavy; lose $0.373 → Sep lows
💬 Do staking ETFs still matter for LDO, or priced in? 👇
#Lido #ETF #Ethereum