VanEck’s New ETF Aims to Offer Compliant Path to Ethereum Staking Rewards

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Institutional investors may soon have a new, streamlined way to earn Ethereum staking yields. VanEck has filed for a first-of-its-kind ETF that would hold ether staked via the Lido protocol.

The fund is designed as a “compliant, tax-efficient” vehicle for gaining staking exposure, according to the Lido Ecosystem Foundation.

This filing arrives amid a perceived thaw in the SEC’s stance on crypto, including the agency’s “Project Crypto” initiative to modernize its rules for digital assets.