VanEck Submits Application for Lido Staked Ethereum ETF

According to PANews, VanEck has filed an S-1 application for its Lido Staked Ethereum ETF, as reported by Cointelegraph. This move marks a significant step in the company's efforts to expand its offerings in the cryptocurrency investment space. The application submission indicates VanEck's intention to provide investors with access to Ethereum staking through a regulated exchange-traded fund. The ETF aims to offer a new avenue for investors to engage with Ethereum's staking mechanism, potentially increasing the accessibility and appeal of Ethereum investments.