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21Shares has launched Europe’s first exchange-traded product backed by Jito-staked Solana, giving investors listed exposure to SOL with staking rewards embedded.
The 21Shares Jito Staked SOL ETP trades under the ticker JSOL in dollars and euros on Euronext Amsterdam and Euronext Paris, and directly holds JitoSOL while reflecting staking rewards in its net asset value.
In posts on X, Jito Network said the product provides institutional investors with regulated access to JitoSOL while capturing staking and MEV-related rewards.
JitoSOL represents SOL deposited into a liquid staking programme on the Solana network, allowing tokens to remain transferable rather than locked while still earning yield.
The European launch follows a JitoSOL ETF filing in the United States by VanEck, where regulators have approved Solana staking ETFs but continue to bar liquid staking products.
21Shares manages about $8 billion in assets and more than 55 crypto ETPs across Europe, and has operated as a subsidiary of FalconX since October while remaining operationally independent.
“The path forward relies on continued education around digital assets, proof-of-stake mechanics, and Solana's infrastructure advantages,”
Said Lucas Bruder, chief executive of Jito Labs, as the firm pushes for wider approval of JitoSOL-based products.
At the time of reporting, Solana price was $117.53.