PANews, August 22 news, according to Jito Foundation, VanEck has submitted an S-1 application to launch the first fully liquid staking token (LST) JitoSOL backed spot Solana ETF - VanEck JitoSOL ETF.
The SEC clearly stated in 2025 that protocol staking and liquid staking do not involve securities trading under specific structures, paving the way for the compliance of LST in ETFs. This ETF will bring liquidity, tax and regulatory clarity to investors, as well as the economic advantage of using staking rewards to offset expenses. At the same time, JitoSOL enhances the security of the Solana network through decentralized staking, indirectly contributing to the health of the network for investors.
The application for the VanEck JitoSOL ETF is an important step in connecting blockchain infrastructure with institutional investors and is currently under review.
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VanEck submits the first Spot Solana ETF application based on JitoSOL.
PANews, August 22 news, according to Jito Foundation, VanEck has submitted an S-1 application to launch the first fully liquid staking token (LST) JitoSOL backed spot Solana ETF - VanEck JitoSOL ETF. The SEC clearly stated in 2025 that protocol staking and liquid staking do not involve securities trading under specific structures, paving the way for the compliance of LST in ETFs. This ETF will bring liquidity, tax and regulatory clarity to investors, as well as the economic advantage of using staking rewards to offset expenses. At the same time, JitoSOL enhances the security of the Solana network through decentralized staking, indirectly contributing to the health of the network for investors. The application for the VanEck JitoSOL ETF is an important step in connecting blockchain infrastructure with institutional investors and is currently under review.