VanEck shelves proposed Lido staked Ether ETF

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VanEck has decided not to proceed with its proposed exchange-traded fund holding Lido staked Ether (stETH), according to a filing with the US Securities and Exchange Commission.

VanEck Digital Assets said on Wednesday it would not distribute shares in the planned trust but gave no reason for the decision. The firm filed its initial registration statement in October 2025.

The proposed fund was designed to hold stETH, giving investors exposure to the liquid staking token and potential staking rewards.