VanEck Withdraws Lido Staked Ethereum ETF Proposal from SEC
VanEck has pulled its application for a Lido staked Ethereum ETF after nearly a year, citing no sales of shares.
VanEck has pulled its application for a Lido staked Ethereum ETF after nearly a year, citing no sales of shares. Ethereum (ETH) is trading at R$11.915 ($2,366.09), up 0.8% since this brief published. This is an original Criptano brief synthesising 3 outlets (Crypto.news, CryptoNews, Blockonomi), plus live market data, as of Thu, 15 Oct 2026 11:46:23 UTC.
The withdrawal indicates potential regulatory challenges for Ethereum ETFs, especially those based on staking derivatives. This could impact institutional adoption timelines for Ethereum-based financial products.
- VanEck withdrew its Lido staked Ethereum ETF proposal from the SEC.
- No shares were sold during the application period.
- Lido's TVL stands at $22.87B despite recent market downturn.
Crypto.news reports that VanEck has requested the SEC to withdraw its Lido staked Ethereum ETF filing after nearly a year, with no explanation provided for the decision. The report confirms that no shares were sold during the application period. This withdrawal comes amidst a broader market downturn and a neutral Fear & Greed index of 53, suggesting potential regulatory caution in the current market environment.
VanEck has withdrawn its application for a Lido staked 
Ethereum ETF from the U.S. Securities and Exchange Commission (SEC) after nearly a year of consideration. The withdrawal was confirmed by the company, which stated that no shares were sold during the application period.
The decision to withdraw the ETF application comes at a time when the broader cryptocurrency market is experiencing a downturn. The total crypto market cap is currently at $2.77 trillion, with 
Bitcoin down 3.43% in the last 24 hours. Ethereum, the cryptocurrency underlying Lido's staking services, has also seen a significant decline of 6.13% in the past day.
Lido, the decentralized finance (DeFi) platform that VanEck's ETF would have been based on, currently has a total value locked (TVL) of $22.87 billion, according to DeFiLlama. Despite the recent market downturn, Lido's TVL has only decreased by 8.4% over the past week.
The withdrawal of the ETF application raises questions about the regulatory challenges facing Ethereum-based financial products, particularly those involving staking derivatives. The SEC has been cautious in approving cryptocurrency ETFs, and VanEck's decision may reflect the current regulatory uncertainty.
The Fear & Greed index, which measures market sentiment, currently stands at 53, indicating a neutral sentiment. This suggests that while the market is not in a state of extreme fear, there is still a level of caution among investors.
Since this brief published about 6 hours ago, Ethereum (ETH) has moved from R$11.818,26$2,346.79 to R$11.915,45$2,366.09 — +0.82%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Criptano's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Ethereum reach $2,600 in October?
Crowd-implied probability on Polymarket, R$314,362.52 24h volume, resolves Nov 1 — snapshotted when this brief published (Oct 15 06:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Criptano and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 ETH ≈ R$11,962.95 (about $2,366.09), down 5.4% over 24 hours. The real itself trades about 0.4% above the official rate on the P2P market, so a Brazilian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 15, 2026.
Criptano reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
VanEck Withdraws Lido Staked Ethereum ETF Proposal from SEC — questions & answers
Why did VanEck withdraw its Lido staked Ethereum ETF application?
The exact reason is unclear, but the withdrawal comes amidst regulatory uncertainty and a broader market downturn.
What is Lido's current TVL?
Lido's TVL is $22.87 billion, down 8.4% over the past week.
How has the broader crypto market been performing?
The total crypto market cap is $2.77 trillion, with Bitcoin down 3.43% in the last 24 hours.
How much is 1 Ethereum worth in real today?
About R$11,962.95 at the live peer-to-peer (P2P) USDT rate, which is what Brazilians typically trade at — equivalent to roughly $2,366.09. The real price moves with both ETH's US-dollar price and the USDT/BRL rate; use our Ethereum in real page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is up 0.82% since this brief first published — trading at R$11.915 ($2,366.09) now versus R$11.818 ($2,346.79) at publication. Criptano re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Criptano brief that synthesises reporting from Crypto.news, CryptoNews, Blockonomi, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Criptano brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.