Vaneck Pulls the Plug on Its Lido Staked Ether ETF Before Launch
Vaneck has asked the U.S. Securities and Exchange Commission (SEC) to let it withdraw its Lido Staked Ethereum Exchange-Traded Fund (ETF), a year after filing for it. The One-Line Exit The filing was short, and in a Form RW dated Oct. 14, Vaneck Digital Assets vice president Matthew Babinsky asked the SEC to consent to […]
AI summary
Vaneck has requested SEC permission to withdraw its Lido Staked Ethereum ETF application, roughly a year after initially filing. The withdrawal, submitted via Form RW dated Oct. 14, signals the firm is abandoning the product before launch. While not a regulatory rejection, the move removes a potential institutional access point for staked ETH and LDO, a mild negative for sentiment around Ethereum staking-related assets.
Narrative history
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1H AGOYou’re reading thisVaneck Pulls the Plug on Its Lido Staked Ether ETF Before LaunchBitcoin.com News · Score 45
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15 OCT · 07:04CryptoNews · Score 45 · via VanEck, VanEck Pulls
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15 OCT · 01:21Cointelegraph · Score 45 · via VanEck, staked Ether
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14 OCT · 21:35Crypto Briefing · Score 55 · via VanEck, Staked
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14 OCT · 21:33The Defiant · Score 25 · via VanEck, Staked
