
Jakarta, Pintu News – Global asset manager VanEck has taken the innovative step of filing an S-1 registration statement with the United States Securities and Exchange Commission (SEC) for its new Lido Staked Ethereum ETF product.
The proposed fund will give investors direct access to stETH, which is a staked and liquid version of Ethereum via the Lido protocol .
In a recent blog post, VanEck announced that it has filed S-1 registration documents with the US Securities and Exchange Commission (SEC) for its Lido Staked ETH ETF product, a major step aimed at bridging the world of traditional finance with decentralized staking.
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The filing states that the ETF will track the MarketVector Lido Staked Ethereum Benchmark Index, which gives investors exposure to Ethereum’s price performance as well as the returns from staking through the Lido protocol.
This product is designed for investors who want to benefit from staking – like passive income – but through a more familiar and tax-efficient investment instrument.
If approved, this ETF will be the first ETF product in the US to be linked to stETH, making it an important milestone for the crypto industry.
The ETF will hold stETH tokens, which are representations of ETH staked through Lido, the largest decentralized staking platform with a total locked value (TVL) of nearly $40 billion.
Lido is known for its secure and audited smart contracts, high liquidity, and strong integration with major crypto exchanges and custodian providers. So far, Lido users have generated over $2 billion in staking returns.
Meanwhile, Kean Gilbert, Head of Institutional Relations at Lido Ecosystem Foundation, stated that the launch of this ETF shows how decentralization and institutional standards can go hand in hand – being an important step towards connecting on-chain systems with traditional finance.
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Unlike traditional staking that locks up ETH for months, stETH allows investors to retain liquidity while still earning staking returns.
This structure is also beneficial for ETF issuers, as it makes it easier to cash out and create ETF units without having to worry about Ethereum withdrawal time lags.
These filings show that liquid staking is now an important part of the Ethereum ecosystem, and is now starting to enter regulated financial markets.
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