Key facts
- VanEck has withdrawn its application for a Lido staked Ether ETF.
- The proposed fund would have held Lido staked Ether (stETH).
- VanEck filed the S-1 registration statement on October 16, 2025.
Asset manager VanEck has decided not to proceed with its proposed Lido staked Ether exchange-traded fund. The company filed a notice with the U.S. Securities and Exchange Commission (SEC) on Wednesday, indicating it "does not intend to proceed with the planned distribution" of the fund's shares. The proposed ETF was designed to provide investors with exposure to Lido staked Ether (stETH) and would have accrued staking rewards through its holdings. VanEck initially filed the S-1 registration statement for the fund on October 16, 2025. The company has not provided an explanation for its decision or indicated whether it plans to pursue a similar product in the future.