VanEck Files First Lido Staked Ether ETF: A Major Step for Ethereum Liquid Staking

VanEck has taken a major step towards mainstreaming liquid staking for Ethereum by filing for the first US Exchange Traded Fund (ETF) backed by Lido staked ether. This significant development reflects growing regulatory understanding and market interest in this area. 🎯 This ETF may boost institutional participation in Ethereum staking, potentially impacting stETH market dynamics and driving greater clarity around this form of staking.