$SOL ETF Push Gains Momentum as Jito Labs Advocates Liquid #Staking Integration
Jito Labs, VanEck, and Bitwise are appealing to the #SEC to allow liquid staking in
$SOL exchange-traded products.
Liquid staking lets investors earn rewards while maintaining token liquidity, avoiding traditional staking lock-up periods.
The coalition argues liquid staked tokens could improve capital efficiency and reduce rebalancing costs for ETP issuers.
Nine
$SOL ETPs currently await SEC decisions, with liquid staking potentially offering additional revenue streams.
The SEC hasn't issued formal guidance on #liquidstaking, though it previously stated traditional staking may not constitute securities offerings.
Similar efforts target
$ETH ETFs, with Nasdaq filing applications for BlackRock's iShares #EtherETF staking features.
