Five New #CryptoETF Applications Filed This Week


At least five new crypto exchange-traded fund applications reached the U.S. Securities and Exchange Commission this week, despite the ongoing government shutdown now on its 17th day. VanEck submitted an S-1 form Thursday for the VanEck Lido Staked $ETH ETF, which will track stETH performance, Lido's liquid staking token.


The trust expects to generate staking rewards through stETH ownership based on the underlying protocol activities, according to the filing. VanEck registered a statutory trust in Delaware on Oct. 2 as a preliminary step toward launching the product. stETH represents deposited $ETH plus accumulated staking rewards, allowing holders to earn yields while maintaining liquidity.


#Lido operates as the largest liquid staking platform with approximately 8.5 million $ETH staked, valued at roughly $33 billion. The platform currently offers a 3.3% staking yield on deposited $ETH. The platform controls the dominant share of staked Ethereum in the market.


21Shares filed for a leveraged crypto #ETF with 2x exposure to $HYPE, the native token of Hyperliquid, on Thursday. The leverage applies exclusively to single-day token performance rather than extended periods. Bloomberg ETF expert Eric Balchunas described the filing as highly specialized but noted it could accumulate billions in assets within three to four years.

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October 17, 2025 at 1:11 PM
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