VanEck’s Lido staked Ethereum ETF and 21Shares’ leveraged Hyperliquid fund were among the ETFs that reached the SEC’s desk this week amid a government shutdown.
There has been a recent flurry of activity for US crypto exchange-traded funds this week, with at least five new product applications filed with the US Securities and Exchange Commission despite the ongoing government shutdown.
The most recent development came from VanEck, which filed an S-1 form with the SEC on Thursday for the VanEck Lido Staked Ethereum ETF, which will track the performance of stETH, Lido’s liquid staking token.
As a result of the protocol-based liquid staking activities underlying stETH, “the trust expects to accrue certain staking rewards through its ownership of stETH,” it stated.
