Jito announced the filing of an exchange-traded fund (ETF) based entirely on Solana liquid staking tokens in a partnership with VanEck.
According to an Aug. 22 announcement, the filing represents months of collaborative regulatory outreach between Jito and VanEck, beginning with initial meetings with the US Securities and Exchange Commission (SEC) in February.
The partnership aims to combine Solana exposure with staking rewards in a regulated wrapper accessible to traditional investors.
Matthew Sigel, head of digital assets research at VanEck, described the filing as selective but significant.
He stated via X:
“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.”
Regulatory clarity
The filing builds on SEC staff guidance issued on Aug. 5, which clarified that liquid staking activities do not constitute securities transactions when properly structured.
This guidance essentially removed the final regulatory hurdle for staking-enabled crypto ETFs.
Jito’s preparation included a March 2025 securities classification report explaining why JitoSOL operates as a decentralized infrastructure rather than a security.
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Author: Gino Matos
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