VanEck’s Lido Staked ETH ETF: Institutional Investors Get Access to Ethereum Staking

VanEck’s filing of an S-1 with the SEC for its ‘VanEck Lido Staked ETH ETF’ marks a major step forward for institutional investment in Ethereum. This ETF aims to offer regulated and tax-efficient access to Ethereum staking through the stETH token from Lido protocol. The move could significantly impact the market, increasing liquidity for stETH and potentially paving the way for more widespread adoption of liquid staking.