Ethereum Jumps 3% as VanEck Files for Lido Staked Ethereum ETF in Delaware

The Ethereum price has surged 3% in the last 24 hours to trade at $4529 on a 10% drop in trading volume to $45 billion.

The jump in ETH price comes after VanEck registered the Lido Staked Ethereum ETF in Delaware, which is the first step before seeking SEC approval. The ETF would let investors earn staking rewards from Ethereum through Lido, while still keeping their ETH liquid and tradable.

The registration does not mean approval yet, but it shows VanEck wants to expand beyond its existing Bitcoin and Ethereum ETFs. The move comes as demand for staking products grows, with big players like BlackRock and Fidelity also likely to explore similar funds.

Lido is the largest platform for Ethereum staking because it allows users to earn rewards without locking up their assets. By bringing this into an ETF, VanEck aims to make it easier for both institutions and retail investors to access staking yields.

The news lifted Lido DAO’s (LDO) token, which rose more than 7% in a day, 16% in a week, and nearly 54% in six months. Delaware is the common starting point for ETF registrations because of its favorable trust laws, and with the SEC recently approving Ethereum ETFs, the chances for staking-based funds are looking stronger. If approved, VanEck’s ETF could give it an early edge in the growing crypto investment market.

Ethereum Shows Signs of Bullish Reversal Above $4,500

Ethereum (ETH) is showing strength again after bouncing back from the $4,000 support zone. The price is now trading around $4,503, gaining 0.43% in the last session. Traders see this as a sign of a possible bullish reversal, with momentum slowly building.

Looking at the chart, Ethereum went through a strong drop earlier in 2025, moving inside a bearish channel until April. After hitting a major support level, the price consolidated for weeks before breaking higher in July. This move pushed ETH close to $4,800, showing renewed buying pressure.

ETHUSDT Analysis Source: Tradingview

Right now, the key resistance level is around $5,000 (R1). If Ethereum breaks and holds above this point, it could open the way for more gains and confirm the bullish reversal. On the other hand, $4,000 remains a critical support area. As long as ETH stays above it, the overall trend looks positive.

The Relative Strength Index (RSI) is at 57.74, which shows neutral-to-bullish momentum. It also suggests that Ethereum is not overbought, leaving room for further upside.

If ETH manages to break above $5,000, traders may expect it to retest previous highs and possibly push higher into new levels. But if the price fails and drops back under support, the market may move into another period of sideways consolidation.