đ¨ VanEck Just Filed for a JitoSOL ETF After SECâs Green Light on Liquid Staking!
đ VanEck has officially submitted its S-1 filing for a JitoSOL ETF, giving institutional investors spot exposure to Solanaâs liquid staking token.
â SEC clarified that liquid staking is NOT a security, paving the way for this groundbreaking move.
â The fund will hold JitoSOL, which represents staked SOL via the Jito protocolâmeaning VanEck will acquire Solana, stake it, and earn rewards.
â This could be a game-changer for Solana, DeFi, and institutional crypto adoption.
đ The next step? 19b-4 filing for exchange listing and SEC review.
đĽ If approved, this marks a major milestone for LST-based ETFs. Could this unlock a new era for crypto ETFs beyond Bitcoin and Ethereum?
#VanEck #Solana #JitoSOL #ETF #Crypto
https://coingape.com/vaneck-files-jitosol-etf-after-sec-says-liquid-staking-isnt-a-security/?utm_source=bnb&utm_medium=coingape
