VanEck withdrew SEC registration for its Lido Staked Ethereum ETF, confirming no shares were or will be issued. Here is what it means for stETH.
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.
VanEck withdrew from the SEC the registration of his stETH-related ETF and confirmed that the fund did not issue or issue shares. The decision puts an end to the proposal for a US investment vehicle linked to Lido’s liquid stacking token, although the firm did not explain why it reversed.