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VanEck cancels its Lido Staked Ethereum ETF, halting the first US Lido-linked ETF launch

Market News
14 Oct 2026
Crypto Briefing
View Source
Bearish
VanEck cancels its Lido Staked Ethereum ETF, halting the first US Lido-linked ETF launch

VanEck has withdrawn its SEC registration for the Lido Staked Ethereum ETF, confirming no shares were issued and none will be. This ETF was the first US attempt to offer exposure to Lido’s liquid staking token, stETH, aiming to provide investors with Ethereum staking rewards through a familiar, liquid, and tax-efficient fund structure. The withdrawal comes without a disclosed reason amid evolving SEC views on staking products. Despite this setback, interest in liquid staking ETFs continues in the US and Europe, and Lido’s strong fundamentals remain unaffected.

Lido DAO (LDO) trades at Rp7.169 on Pluang, down 6.94% as of Oct 15, 2026 04:51 WIB, with a market cap of Rp5,96 trillion and 87% of order activity showing buys. This price movement occurs while VanEck withdraws its SEC registration for the Lido Staked Ethereum ETF, which had aimed to offer exposure to Lido’s staking token. Despite the ETF setback, Lido’s fundamentals remain strong and investor interest in liquid staking continues globally.

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