VanEck Moves to Withdraw Filing for Lido Staked Ethereum ETF
Edited by Steinar Vigdel Kolnes, Editor, Oslo
VanEck is seeking to withdraw a proposed ETF that would have held Lido’s stETH directly; the fund’s registration never took effect.
VanEck has sought to withdraw its filing for a Lido Staked Ethereum exchange-traded fund, according to The Defiant.
The proposed ETF was designed to own stETH, Lido’s liquid-staking token, directly. It would have given investors exposure to the token through brokerage accounts.
The fund’s registration never took effect. The source did not specify why VanEck sought the withdrawal.
Source: The Defiant
