VanEck Files JitoSOL ETF After SEC Ruling Clears Liquid Staking

VanEck has filed an Exchange-Traded Fund (ETF) called the JitoSOL ETF, responding to the Securities and Exchange Commission’s (SEC) recent clarification on liquid staking. The move seeks to bridge the gap between decentralized finance (DeFi) innovation and traditional investment avenues. This initiative aims to make Solana’s staking rewards accessible to investors within regulated markets, marking a significant shift in DeFi integration.