VanEck has taken another step into the world of digital assets. The firm has filed for the VanEck Lido Staked Ethereum ETF, according to a recent submission with the U.S. Securities and Exchange Commission.

The fund is designed to give investors exposure to Ethereum that’s staked through Lido, one of the leading decentralized protocols. In simple terms, it would allow investors to earn staking rewards without having to manage wallets or run validators themselves.

This marks an interesting shift for traditional finance. Ethereum’s transition to proof of stake has turned staking into a core part of its ecosystem, and bringing that model into an ETF format could make it more accessible to institutional and retail investors alike.

VanEck has been among the more proactive asset managers in exploring digital assets. Its earlier Bitcoin ETF products paved the way for broader market participation, and this new filing continues that momentum.

If approved, the VanEck Lido Staked Ethereum ETF could become one of the first products to blend staking yield with regulated market access, another sign that the gap between traditional markets and decentralized finance is getting smaller.