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Lido brings ETH staking to US clients of BitGo Bank & Trust

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2News media
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BitGo Bank & Trust opened Ether staking for eligible U.S. customers through Lido on Wednesday, October 7, extending a service it had already rolled out in Europe and Asia in mid-2025. The setup lets customers stake ETH inside existing BitGo accounts, hold stETH, and convert stETH back into ETH on the same platform.

Key claims & sources

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The integration was described as bringing ETH staking to U.S. clients of BitGo Bank & Trust.
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Eligible U.S. customers can stake Ether in their existing BitGo accounts.
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Those customers can also hold stETH and exchange it back into ETH within the same platform.
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On Wednesday, October 7, BitGo Bank & Trust enabled Lido Ether staking for eligible institutional clients in the United States.
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The service was previously rolled out in Europe and Asia in mid-2025 before reaching U.S. clients.

What it means

Eligible U.S. institutional clients using BitGo Bank & Trust are the ones who can notice this change first, because the staking service is now available in their existing accounts. The same setup also gives those users access to stETH and the ability to move back into ETH on the same platform, which changes what they can do inside BitGo today.

In practice, staking and conversion are being handled inside BitGo accounts rather than through a separate workflow, and the U.S. rollout now sits alongside the earlier Europe and Asia rollout from mid-2025. What stays the same is that access is limited to eligible customers, so the change is an expansion of availability rather than a change to every BitGo user.

Market reaction i

EthereumETH it is the asset of the company or protocol in the event
first headline
-0.4% 2 h before
-0.2% 4 h after
$2,565price at publication
12data points

The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 7 14:18
Crypto Briefing scoop
Breaks the event
+7 h 43 m
Oct 7 22:01
Crypto Economy context
Its angle: infrastructure, jurisdictions, corresponding

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