{ "id": 51920, "date": "2025-10-17T13:40:28", "date_gmt": "2025-10-17T06:40:28", "guid": { "rendered": "https:\/\/hbbgroup.net\/etftober-gets-bigger-more-than-5-new-crypto-etfs-filed-this-week\/" }, "modified": "2025-10-17T13:40:28", "modified_gmt": "2025-10-17T06:40:28", "slug": "etftober-gets-bigger-more-than-5-new-crypto-etfs-filed-this-week", "status": "publish", "type": "post", "link": "https:\/\/hbbgroup.net\/en_us\/etftober-gets-bigger-more-than-5-new-crypto-etfs-filed-this-week\/", "title": { "rendered": "\u2018ETFtober\u2019 gets bigger, more than 5 new crypto ETFs filed this week" }, "content": { "rendered": "
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There has been a recent flurry of activity for US crypto exchange-traded funds this week, with at least five new product applications filed with the US Securities and Exchange Commission despite the ongoing government shutdown.\u00a0<\/p>\n

The most recent development came from VanEck, which filed<\/a> an S-1 form with the SEC on Thursday for the VanEck Lido Staked Ethereum ETF, which will track the performance of stETH, Lido\u2019s liquid staking token.<\/p>\n

As a result of the protocol-based liquid staking activities underlying stETH, \u201cthe trust expects to accrue certain staking rewards through its ownership of stETH,\u201d it stated.\u00a0<\/p>\n

VanEck took early steps toward launching the product by registering a statutory trust in Delaware on Oct. 2.<\/p>\n

stETH is a liquid staking token that represents deposited Ether (ETH<\/a>) plus any staking rewards that accrue, allowing holders to earn yields while maintaining liquidity.<\/p>\n

Lido is the largest<\/a> liquid staking platform with almost 8.5 million ETH worth around $33 billion staked. It currently offers a 3.3% staking yield on deposited ETH.\u00a0<\/p>\n

Lido has the lion\u2019s share of staked Ether. Source: <\/em>Dune Analytics<\/em><\/a><\/figcaption><\/figure>\n

Leveraged Hyperliquid ETF<\/h2>\n

Meanwhile, ETF issuers are concocting more exotic products under the new SEC leadership. However, the US government shutdown, which has now lasted for 17 days, has seemingly frozen all decision-making.\u00a0<\/p>\n

Related: <\/strong><\/em>October is \u2018ETF month\u2019 as 16 crypto funds await final decision<\/strong><\/em><\/a><\/p>\n

21Shares filed<\/a> for a leveraged crypto ETF with 2x exposure to the Hyperliquid<\/a> native token, HYPE, on Thursday. The leverage applies only to the single-day performance of the token, instead of extended periods.<\/p>\n

Bloomberg ETF expert Eric Balchunas described<\/a> the filing as \u201cso niche\u2026 but then you could look up in 3-4 years it\u2019s got a few billion.\u201d\u00a0<\/p>\n

It\u2019s \u201cjust a total land rush right now,\u201d he said regarding the current slew of crypto ETF filings.\u00a0<\/p>\n

ARK Invest\u2019s new BTC offerings\u00a0<\/h2>\n

Cathie Wood\u2019s<\/a> ARK Invest filed<\/a> for three new Bitcoin ETFs on Tuesday.\u00a0<\/p>\n

The ARK Bitcoin Yield ETF is designed to generate income through yield-based Bitcoin strategies, including selling options and collecting premiums.<\/p>\n

The ARK DIET Bitcoin 1 ETF offers<\/a> 50% downside protection while allowing investors to participate in the upside after a 5% increase in Bitcoin\u2019s price each quarter. The ARK DIET Bitcoin 2 ETF provides 10% downside protection and allows additional upside once Bitcoin trades above its starting price for the quarter.<\/p>\n

Other crypto ETF news<\/h2>\n

Earlier this week, Volatility Shares filed for a new range of 3x and 5x leveraged ETFs tied to crypto and major US stocks on Tuesday, reported<\/a> Balchunas.\u00a0<\/p>\n

On Wednesday, VanEck submitted an updated Solana Staking ETF filing with fees at 0.3%, reported<\/a> Bloomberg ETF analyst James Seyffart.<\/p>\n

\u201cOnce [the] government shutdown ends, spot crypto ETF floodgates open \u2026 Ironic that growing fiscal debt and usual political theater holding these up. Exactly what crypto is targeting,\u201d said<\/a> Nova Dius President Nate Geraci earlier this week.\u00a0<\/p>\n

Magazine: <\/strong><\/em>Binance shakes up Korea, Morgan Stanley\u2019s security tokens in Japan: Asia Express<\/strong><\/em><\/a><\/p>\n