VanEck has filed to launch an exchange-traded fund (ETF) built around Jito’s liquid staking token, JitoSOL. If approved, it would be the first Solana ETF designed to combine direct network exposure with staking rewards inside a regulated structure.
The application follows months of discussions with regulators, with recent SEC guidance clearing the way for staking-backed ETFs. VanEck’s head of digital assets research, Matthew Sigel, highlighted the importance of the filing, saying:
“We’ve been very selective with our single-token ETF filings this year, but today’s S-1 for the VanEck JitoSOL ETF matters. If listed, it would represent a new piece of market infrastructure that bridges DeFi innovation with TradFi accessibility.”
For institutions, JitoSOL offers a practical advantage. Instead of locking up assets, investors can move in and out of positions daily while still collecting staking rewards. This structure simplifies Solana yield access while also helping secure the network by distributing stake across validators.
The proposal has drawn backing from groups such as the Solana Foundation, Multicoin Capital, and key infrastructure partners. If the ETF is listed, it could become a major step toward bringing more traditional capital into Solana’s ecosystem while showcasing liquid staking as a bridge between crypto and regulated markets.
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