VanEck and Jito Launch Solana Staking ETF Proposal

Cryptocurrency exchange Solana has seen a significant surge in trading activity following the filing of a new Ethereum-focused exchange-traded fund (ETF) by VanEck and Jito Network. The proposal represents a crucial development in bridging the gap between decentralized finance (DeFi) and traditional finance (TradFi). This marks a historic first, as it allows institutional investors to gain exposure to Solana’s staked yield through a regulated fund. 💰