VanEck cancels plans for Lido staked Ethereum ETF

Asset manager VanEck has asked the U.S. Securities and Exchange Commission (SEC) to withdraw its proposed Lido Staked Ethereum ETF registration, ending plans for a fund designed to hold Lido’s stETH token and earn Ethereum staking rewards. Summary VanEck requested withdrawal of its proposed Lido Staked Ethereum ETF through an October 14 SEC filing. The asset manager originally submitted its registration statement on October 16, 2025, seeking regulated stETH exposure. VanEck confirmed the proposed fund never issued shares, sold securities, or distributed a preliminary prospectus. The planned ETF would have held Lido stETH while accumulating rewards generated through Ethereum staking. The withdrawal request gave no detailed explanation for ending the offering or announcing replacement fund plans. VanEck Digital Assets confirmed the decision in an October 14 filing, nearly one year after submitting the original registration statement on October 16, 2025. The company said it no longer intends to offer shares in the proposed fund and confirmed that no securities were issued or sold. The filing did not disclose what prompted the decision. VanEck withdraws Lido staked Ethereum ETF plans T...