---
title: "BitGo Bank & Trust Expands Lido ETH Staking to Eligible US Clients"
description: "Qualified institutional clients can now stake ETH, hold stETH in custody, and process redemptions within BitGo accounts."
url: https://basisdesk.news/news/bitgo-bank-trust-extends-lido-staking-us-clients
published: 2026-10-07T14:11:35.113Z
modified: 2026-10-07T14:11:35.113Z
section: Institutions & ETFs
author: Basis Desk Newsroom (AI-generated, source-verified)
sentiment: neutral
tickers: [ETH]
tags: [staking, institutional-custody, liquid-staking, bitgo, lido]
license: Quote with attribution to Basis Desk (basisdesk.news). Not financial advice.
---

# BitGo Bank & Trust Expands Lido ETH Staking to Eligible US Clients

Qualified institutional clients can now stake ETH, hold stETH in custody, and process redemptions within BitGo accounts.

## At a glance

- **What happened:** BitGo Bank & Trust, N.A. enabled Lido ETH staking and stETH custody management for eligible clients in the United States.
- **Why it matters:** Qualifying US institutions can stake native ETH and redeem stETH without transferring digital assets outside their primary custodian workflow.
- **Who is affected:** Eligible US institutional clients holding ETH with BitGo Bank & Trust.
- **What's next:** No next step announced.
- **Status:** announced
- **Primary source:** [BitGo Bank & Trust, N.A. Extends Lido Staking to Eligible US Clients](https://blog.lido.fi/bitgo-bank-trust-n-a-extends-lido-staking-to-eligible-us-clients/) — Lido Blog

## Key points

- BitGo Bank & Trust enabled Lido ETH staking for eligible institutional clients in the US.
- Clients can stake ETH, hold stETH, and execute redemptions inside their existing BitGo accounts.
- The institutional expansion follows an initial rollout across Europe and Asia completed in July 2025.

## Editorial remark

- **Context:** BitGo previously deployed Lido staking capabilities for European and Asian clients in July 2025 before receiving operational clearance to expand into the US market.
- **Impact:** Eligible US institutions holding ETH can now generate liquid staking yield and manage stETH collateral without leaving regulated custody environments.
- **Watch:** Market uptake metrics for institutional stETH balances custody-held within federally chartered trusts.

BitGo Bank & Trust, N.A. has rolled out Ethereum staking via the Lido protocol to eligible US clients, expanding access to liquid staking across its institutional platform [1]. The update allows qualifying US account holders to stake $ETH and hold the resulting liquid staking token, stETH, directly within their existing BitGo custody infrastructure [1].

The domestic rollout follows an earlier launch in Europe and Asia in July 2025, when BitGo first integrated Lido into its custody environment [1]. Under the expanded integration, eligible US institutions holding ETH can enter staking positions, custody their stETH, track exposures through the BitGo dashboard, and redeem their stETH back for ETH directly on the platform [1].

## Institutional Custody Integration

Kean Gilbert, head of institutional relations at the Lido Ecosystem Foundation, noted that institutional staking strategies require direct custodian integration to be viable for corporate entities [1]. Nathan Stump, managing director and head of ecosystem sales at BitGo, stated that the expansion allows institutional clients to participate in staking yields without introducing unnecessary operational hurdles, maintaining their pre-existing compliance controls [1].

The move marks continued institutional integration for the Lido protocol, which recently weathered operational shifts after [MetaMask Staking exits Lido validators following infrastructure compromise](https://basisdesk.news/news/metamask-staking-exits-lido-validators-infrastructure-compromise). At the time of writing, ETH traded at $2,566, down 5.5% over the prior 24 hours, amid broader crypto market capitalization dipping to $2.82 trillion.

## Sources

1. [BitGo Bank & Trust, N.A. Extends Lido Staking to Eligible US Clients](https://blog.lido.fi/bitgo-bank-trust-n-a-extends-lido-staking-to-eligible-us-clients/) — Lido Blog, 2026-10-07

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Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai