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Benzinga
Benzinga
Business
Murtuza J Merchant

VanEck Files For First JitoSOL ETF, Expanding Solana's Presence In US Crypto Markets

VanEck ETF Crypto United States Bitcoin SEC Donald Trump
Solana,Logo,And,Coin,With,Shiny,Elements

Global asset manager VanEck has filed for approval of a JitoSOL exchange-traded fund (ETF), marking the first attempt to bring a liquid staking token (LST) tied to Solana (CRYPTO: SOL) into U.S. regulated markets.

The registration, submitted to the Securities and Exchange Commission (SEC) on Friday, outlines the proposed VanEck JitoSOL ETF, which will track the price of JitoSOL, a tokenized version of staked SOL.

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