VanEck Registers Lido Staked Ethereum ETF, Boosting Institutional Interest
CryptocurrencyLidoUpdated 16 hours ago

VanEck Registers Lido Staked Ethereum ETF, Boosting Institutional Interest

VanEck has registered the Lido Staked Ethereum ETF in Delaware, reflecting a surge in institutional interest in Ethereum investments. Following this announcement, Lido's token price rose by 7%, building on a 20% increase over the past week. This development could enhance the legitimacy of the cryptocurrency market and pave the way for broader adoption and innovation in the sector.

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VanEck Registers Lido Staked Ethereum ETF Trust in Delaware, Eyes SEC Approval
PositiveCryptocurrency
VanEck has taken a significant step by registering the Lido Staked Ethereum ETF Trust in Delaware, signaling its intent to gain approval from the SEC. This move comes as Lido's value has surged over 3% in the past day, reflecting growing interest in Ethereum-based investments. The approval of such an ETF could open the doors for more institutional investment in Ethereum, potentially boosting its market presence and stability.
Lido price gains 7% as VanEck registers Lido Staked Ethereum ETF
PositiveCryptocurrency
Lido's token price surged by 7% to $1.29, building on a remarkable 20% increase over the past week. This boost follows VanEck's official registration of the Lido Staked Ethereum ETF in Delaware, which has ignited renewed enthusiasm for liquid staking. This development is significant as it highlights growing institutional interest in cryptocurrency investment products, potentially paving the way for broader adoption and innovation in the sector.
VanEck registers Lido Staked Ethereum ETF in Delaware
PositiveCryptocurrency
VanEck has registered the Lido Staked Ethereum ETF in Delaware, highlighting a growing institutional interest in Ethereum staking. This move is significant as it could enhance the legitimacy of the cryptocurrency market and drive innovation within the sector.

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