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Institutions & ETFs · 1 min read

VanEck Withdraws SEC Application for Lido Staked Ether ETF

The asset manager filed a Form RW request nearly a year after submitting its initial S-1 registration statement for a fund tracking staked ETH.

Editorial oversight: Julian Mercer, Chief Editor
Bearish
$ETH $2,377 −5.3% $STETH $2,379 −5.2%

At a glance Announced

What happened
VanEck Digital Assets filed a Form RW requesting to withdraw its S-1 registration statement for the VanEck Lido Staked Ethereum ETF on Oct. 14, 2026.
Why it matters
The move ends an effort to launch a regulated US spot ETF directly holding and tracking liquid-staked ether tokens.
Who is affected
VanEck Digital Assets, the SEC Division of Corporation Finance, and market participants tracking institutional liquid staking wrappers.
Takes effect
2026-10-14
What's next
The SEC must review and consent to the Rule 477 withdrawal request.
Primary source
sec.gov: VanEck seeks to withdraw application for Lido staked Ether ETF

Key points

  • VanEck filed a Form RW on Oct. 14, 2026, requesting withdrawal of its Lido Staked Ethereum ETF registration statement.
  • The initial Form S-1 was filed on Oct. 16, 2025, and never declared effective by the SEC.
  • No shares were issued or sold, and VanEck confirmed it does not plan to proceed with share distribution.

VanEck Digital Assets has formally moved to abandon its proposed exchange-traded fund tied to liquid-staked Ethereum 1. In a Form RW submission to the US Securities and Exchange Commission on October 14, 2026, the sponsor requested the withdrawal of its registration statement for the VanEck Lido Staked Ethereum ETF 1.

The asset manager stated in the filing that it does not intend to proceed with the planned offering or distribution of the trust's shares 1. VanEck confirmed that the SEC had not declared the Form S-1 registration statement effective and that no securities were issued, sold, or distributed under the preliminary prospectus 1. The initial registration statement had been submitted nearly a full year earlier, on October 16, 2025 1. Legal counsel for the filing was handled by Sidley Austin LLP, according to the document 1.

Shifting Appetite for Liquid Staking Products

The move marks a retreat from efforts to bring institutional wrappers directly to decentralized liquid staking tokens like Lido's $STETH 1. While institutional access has steadily evolved—such as when BitGo Bank & Trust expanded Lido ETH staking to eligible US clients—direct public ETF wrappers covering staked yields face distinct regulatory boundaries.

At the time of writing, $ETH traded down 3.4% at $2,416, while $STETH traded at $2,409. VanEck gave no formal commercial or regulatory explanation for abandoning the product beyond confirming it will not issue the shares 1. The SEC must formally acknowledge and consent to the Rule 477 withdrawal request before the registration statement is closed 1.

Sources

  1. [1] VanEck seeks to withdraw application for Lido staked Ether ETF — sec.gov, October 15, 2026

Written by Basis Desk's newsroom system from the primary sources above and machine-verified against them before publication. Market figures marked "at the time of writing" come from live exchange data. Report an error: corrections@basisdesk.news · corrections policy.

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