Vaneck withdraws registration statement for Lido Staked Ethereum ETF, product never launched

Odaily News: Asset management firm Vaneck has filed with the U.S. Securities and Exchange Commission (SEC) to withdraw the registration statement for the Lido Staked Ethereum ETF. The filing is dated October 14, 2026, and the registration statement never became effective, with no shares of the fund ever being sold.

The product was originally intended to hold stETH, the liquid staking token issued by the Lido protocol, rather than staking Ethereum directly through designated validators. Lido's total value locked currently stands at approximately $23.6 billion, down from $33.3 billion a year ago.

BlackRock launched ETHB in March 2026, which stakes Ethereum directly through validators, with net assets of $409.8 million as of March 31. (Bitcoin.com News)