Bitcoin 
Ethereum 
Tether 
BNB 
Solana 
XRP 
USDC 
Lido Staked Ether 
Cardano 
Avalanche 
Key Points
-
VanEck filed with the SEC to launch a JitoSOL ETF.
-
The fund offers access to SOL and staking rewards through traditional accounts.
-
It is among the first ETFs based on a Solana liquid staking token.
-
SEC guidance on liquid staking supports such products.
VanEck JitoSOL ETF is the latest development in the expansion of crypto-linked financial products.
The asset manager filed an S-1 form with the SEC to offer an exchange-traded fund tied to JitoSOL, a liquid staking token built on the Solana blockchain. JitoSOL represents ownership of staked SOL tokens together with accumulated staking rewards.
The VanEck JitoSOL ETF would allow investors to gain access to SOL staking yields through brokerage accounts. This structure bridges traditional finance with Solana’s on-chain staking economy. For investors, it simplifies participation in staking while avoiding custody and operational complexities.
VanEck brings liquid staking to the ETF structure
From my standpoint, this filing is significant because it shifts the focus from base assets to liquid staking tokens. A VanEck SOL ETF was expected, but focusing on JitoSOL shows growing confidence in staking-based products. The VanEck JitoSOL ETF also sets a precedent for similar vehicles on other blockchains.
The SEC has previously clarified that certain liquid staking activities do not require securities registration. This guidance, issued under Project Crypto, provides a regulatory path for staking-based ETFs. The effort aligns with broader attempts to modernize rules around token custody and distribution.
ANOTHER MUST-READ ON ICN.LIVE:
RLUSD by Ripple in Japan launches in 2026 with SBI Holdings in the Japan crypto market
SEC guidance supports staking products
Jito, the team behind JitoSOL, said the filing is the result of months of engagement with regulators. In their statement, they emphasized collaboration, compliance, and investor protection. “This is one step in our ongoing mission to narrow the distance between high-performance, credibly neutral infrastructure and the world’s largest capital allocators,” they said.
I would argue that such products expand the legitimacy of staking tokens in financial markets. By placing liquid staking within an ETF, VanEck reduces friction for institutions and retail investors who want exposure without direct blockchain interaction.
Institutional investors eye-staking yields
The VanEck ETF filing also points toward future products that may integrate staking rewards. Ethereum ETFs that incorporate staking could be next. From my perspective, this development strengthens the case for crypto as an investable sector beyond simple price speculation.
Not everyone agrees, though. Critics argue that staking rewards within ETFs may introduce complexity and regulatory uncertainty. They claim that accounting for variable yields and token mechanics will challenge fund providers. While those points hold weight, the SEC’s stance on liquid staking offers support for regulated paths forward.
The VanEck JitoSOL ETF, if approved, will be among the first ETFs based on a Solana liquid staking token. It positions VanEck as a frontrunner in building compliant access to staking opportunities. For investors, it could provide a practical entry into Solana’s staking economy without technical hurdles.
The future of SOL ETF products
In my analysis, the VanEck JitoSOL ETF marks a turning point for crypto-linked funds. It shows that ETFs no longer need to track only base assets. Instead, they can also package yield-bearing tokens for traditional market investors. The coming years may bring more SOL ETF filings and expanded products on other blockchains.
