VanEck Files for Staked Ether ETF in Bet on SEC Approval

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Asset manager VanEck has filed for a staked ether ETF, the first of its kind in the United States. The proposed fund would track Lido’s stETH token, offering a simple way for investors to gain staking exposure.

The bold filing capitalizes on a friendlier regulatory environment at the SEC, which recently stated that staking does not constitute a securities transaction.

Approval would mark a major milestone for the integration of liquid staking into mainstream finance.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.