#加密货币ETF进展 Looking back at the history of Crypto Assets ETFs, each step has been filled with challenges and opportunities. VanEck's recent registration of the Lido stake Ether ETF in Delaware reminds me of the first attempt at a Bitcoin ETF in 2013. At that time, the market was still immature, and the regulatory environment was unclear. Now, the crypto market has weathered ten years of ups and downs, and all aspects have matured significantly.

It is interesting that VanEck has chosen to stake Ether as a breakthrough. This reflects market confidence in the Ethereum ecosystem and shows institutional interest in the DeFi space. Looking back at the ICO boom in 2017, who would have thought that staking would become mainstream? History always moves forward in a spiral.

However, the SEC's attitude remains key. Over the past few years, we have seen too many rejected applications. But each failure paves the way for the future. Although the current regulatory environment is still strict, at least there is a clearer framework. This attempt by VanEck may become a new milestone in the development of crypto ETFs.

Regardless of the outcome, this is a step worth paying attention to. It not only relates to Ether, but also represents another attempt to merge traditional finance with the crypto world. Let us wait and see if this established asset management giant can bring new possibilities to the market.