VanEck Scraps Planned Lido Staked Ether ETF in SEC Filing
By Abdelaziz Fathi
Source excerpt · FinanceFeeds
VanEck has withdrawn its proposed Lido Staked Ethereum ETF, ending a plan to give U.S. investors direct exchange-traded exposure to stETH almost a year after the asset manager first filed for the product.In an October 14 filing with the Securities and Exchange Commission, VanEck Digital Assets requested withdrawal of the fund’s registration statement because it “does not intend to proceed with the…