VanEck seeks to withdraw application for Lido staked Ether ETF
VanEck initially filed an S-1 registration statement for the exchange-traded fund in October last year.
AI summary
VanEck has requested to withdraw its application for a Lido staked Ether ETF, which it originally filed via an S-1 registration statement in October of last year. The withdrawal signals a setback for the launch of a US exchange-traded product tied to staked ETH, a category that has already faced regulatory hurdles. Traders may view this as a mild negative for ETH sentiment, though the direct market impact is limited given the product never launched.
Narrative history
-
2H AGOYou’re reading thisVanEck seeks to withdraw application for Lido staked Ether ETFCointelegraph · Score 45
-
5H AGOCrypto Briefing · Score 55 · via VanEck, Staked
-
5H AGOThe Defiant · Score 25 · via VanEck, VanEck Seeks
