21Shares has introduced a new exchange-traded product, 21Shares Jito Staked SOL ETP, which provides investors with exposure to Solana ($SOL ) along with enhanced yield from staking.
🔹 The product invests directly in JitoSOL — the LST token of the Jito protocol, obtained during the staking of SOL.
🔹 JitoSOL can be used as a liquid asset, particularly as collateral in DeFi services.
🔹 Investors receive a dual income stream: staking rewards + fees from network transactions.
🔹 The ETP is listed on Euronext (Amsterdam and Paris) in USD and EUR under the ticker JSOL.
🔹 The management fee is 0.99%.
Context is important: previously, VanEck submitted an application to the SEC for an ETF based on JitoSOL, highlighting the growing institutional interest in the Solana ecosystem and LST solutions.
JSOL is another step towards integrating Solana staking into traditional finance, focusing on capital efficiency without changing the underlying asset risk.
#solana #JitoSOL #CryptoETP #staking #TradFiCrypto
