The two asset managers are likely to continue jockeying for first place.
The ETF is backed by a $2.5bn investment from UC Investments.
VanEck and Lido expect to introduce additional buffered ETFs over time.
So far this year 1,212 active ETFs have been launched by 269 providers.
Year-to-date net inflows of $1.7 trillion are the highest on record.
The asset managers is expanding fixed income ETF and SMA capabilities.
Goldman Sachs said ETF trading volumes are also 50% higher than in 2025.
The rebrand unifies the firm’s ETF lineup while maintaining investor continuity.
Year-to-date net inflows climb to record $323.6bn at the end of July.