Bitcoin Breaks $121,000; Ethereum, Dogecoin, XRP Also Extend Gains: Analytics Firm Says BTC Rally To $130,000 'Appears Realistic'

The post Lido price up 7% as VanEck registers Lido Staked Ethereum ETF appeared on BitcoinEthereumNews.com. Lido’s token price climbed 7% to $1.29, adding to a 20% rally over the past week, after asset manager VanEck formally registered its Lido Staked Ethereum exchange-traded fund in Delaware.  Summary Lido price rose 7% to $1.29 after VanEck registered a Lido Staked Ethereum ETF in Delaware. Trading and derivatives volumes spiked, showing investor bets on ETF-related inflows into liquid staking. Lido’s buyback program and SEC clarity on staking add momentum for further upside. The Oct. 2 filing sparked fresh optimism around liquid staking, with trading and derivatives activity showing a clear rise in investor positioning. According to documents filed through CSC Delaware Trust Company, the product is set up as a statutory trust, a common first step before submitting an application to the U.S. Securities and Exchange Commission. While registration alone does not guarantee approval, it indicates VanEck’s intent to expand beyond spot Bitcoin and Ethereum ETFs into yield-generating products. The firm’s existing ETFs have already seen steady inflows, and this move positions it early in the race to bring staked Ethereum exposure into mainstream portfolios. Market activity supports momentum The price move was supported by a notable jump in market activity. Lido’s (LDO) 24-hour trading volume rose nearly 30% to $158.5 million, while derivatives volume surged 45% to $426.9 million. Traders are opening more positions rather than closing them, as evidenced by the 6.6% increase in open interest to $228.3 million.  All of these shifts indicate a growing sense of hope that ETF-related inflows could lead to further gains. Investors would be exposed to Lido’s staked Ethereum (STETH) through the proposed ETF, giving them access to staking rewards, which are currently at roughly 4% annually, without having to run validators or lock up assets. Lido’s liquid staking model accounts for over 30% of all ETH staked, making it…

PANews reported on September 17th that on-chain sleuth ZachXBT tweeted that OpenVPP ( $OVPP ) announced this week that it was collaborating with the US government to advance energy tokenization. SEC Commissioner Hester Peirce subsequently responded, stating that the company does not collaborate with or endorse any private crypto projects. The OpenVPP team subsequently hid the response. Several crypto influencers have participated in promoting the project, and the accounts involved have been questioned as typical influencer accounts.

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