Breaking: VanEck Files JitoSOL ETF After SEC Says Liquid Staking Isn’t a Security

Discover the most recent traits within the NFT & Web3 house. This article dives into: “Breaking: VanEck Files JitoSOL ETF After SEC Says Liquid Staking Isn’t a Security”.

Asset supervisor VanEck has filed for a JitoSOL ETF with the U.S. Securities and Exchange Commission (SEC). This marks a historic shift as this fund may grow to be the primary to take a position primarily in a liquid staking token (LST).

VanEck Files S-1 For JitoSOL ETF With SEC

A SEC submitting has proven that the asset supervisor has filed its registration assertion to supply a JitoSOL with the Commission. This fund will primarily maintain the liquid staking token, offering institutional traders with spot publicity to the token.

This transfer follows the SEC’s steering on liquid staking actions, during which the Commission clarified that they don’t classify them as securities. This paves the best way for the potential approval of the JitoSOL ETF since LST doesn’t qualify as a safety.

Furthermore, VanEck famous within the submitting that the fund expects to obtain sure staking rewards via its possession of JitoSOL. The LST is the native token of the liquid staking protocol Jito, which customers obtain after they stake their Solana tokens.

This signifies that VanEck might want to purchase Solana for its JitoSOL ETF, which it’s going to then stake with the Jito protocol and obtain these LSTs in return. The asset supervisor may even obtain staking rewards within the course of, whereas they could use their tokens for different DeFi functions. Notably, the asset supervisor was a type of who had urged the SEC to approve LSTs in Solana ETFs.

Following the S-1 submitting, a inventory trade is anticipated to file the 19b-4 type to checklist and commerce shares of this JitoSOL ETF. The 19b-4 submitting may even kickstart the overview course of, with the SEC having to disclaim or approve the proposed rule change ultimately.

TradingView information reveals that the JitoSOL value is up amid this submitting. The LST is at the moment buying and selling at round $236, up over 6% within the final 24 hours.

Source: TradingView; JitoSOL Daily Chart

Significance Of The ETF Filing

In an X publish, Jito Foundation’s lead, Brian Smith, highlighted the importance of VanEck’s ETF submitting. He famous that the most important downside with staked Solana ETFs is the unbonding intervals that complicate ETFs’ every day necessities.

wen staked SOL ETFs? the most important downside is unbonding intervals that complicate ETFs every day liquidity necessities

Natively staked ETFs are pressured to carry 25% of AUM or extra in spot SOL. if not, they danger a run-on-the-bank the place ETFs can’t honor investor redemptions

— Brian (@brian_smith_0) August 22, 2025

This forces natively staked ETFs to carry 25% of their property underneath administration in spot Solana. If not, they run the danger of a financial institution run after they can’t honor investor redemptions.

Smith defined that that is the place funds just like the JitoSOL ETF are available, as they remedy the dilemma of attempting to earn as a lot yield whereas additionally having a liquid fund. 100% LST-backed ETFs allow fund issuers to completely stake the underlying asset, whereas the mechanics for creation and redemption are simpler with the LST.

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Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto information author and editor who has coated subjects that lower throughout a number of niches. His pace and alacrity in protecting breaking updates are second to none. He has a knack for simplifying essentially the most technical ideas and making them simple for crypto newbies to grasp.

Boluwatife can also be a lawyer, who holds a legislation diploma from the University of Ibadan. He additionally holds a certification in Digital Marketing.

Away from writing, he’s an avid basketball lover, a traveler, and a part-time degen.

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