VanEck has registered its Lido Staked Ethereum ETF as a Delaware statutory trust, indicating growing institutional interest in Ethereum staking products. The announcement led to a 7.36% increase in the Lido DAO token (LDO), which reached $1.27. Although the ETF application is pending approval from the U.S. Securities and Exchange Commission (SEC), the move underscores asset managers' efforts to offer yield-generating liquid staking options while ensuring tradability. However, a potential U.S. government shutdown could delay the regulatory process.