todayonchain.com

21Shares launches JitoSOL-based Solana staking ETP in Europe

The Block
21Shares launched the JSOL ETP, offering European investors exchange-traded access to Solana staking rewards via JitoSOL.

Summary

21Shares has introduced the 21Shares Jito Staked SOL ETP, trading under the ticker JSOL, which provides European investors with exchange-traded access to JitoSOL, a dominant liquid staking token on the Solana network. Holding JitoSOL allows investors to maintain full SOL price exposure while earning two types of yield: standard staking rewards and additional revenue from Jito’s infrastructure, all without managing on-chain operations. The product is listed on Euronext Amsterdam and Paris in USD and EUR denominations with a 0.99% total expense ratio. 21Shares noted continued demand for yield-enhanced crypto exposure, while Jito Foundation highlighted growing institutional interest in Solana's scaling use cases. This launch adds to Europe's growing suite of staking-feature ETPs, contrasting with ongoing regulatory discussions in the U.S. regarding staking economics in ETFs.

(Source:The Block)