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.
“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.”
Jito’s preparation included a March 2025 securities classification report explaining why JitoSOL operates as a decentralized infrastructure rather than a security.
The announcement noted that the JitoSOL structure offers key advantages for institutional investors. Liquid staking tokens eliminate unbonding delays, allowing daily ETF creation and redemption while maintaining staking reward accrual.
The approach provides regulatory clarity through standard ETF accounting methods, giving investors access to staked Solana yields without operational complications.
Staking yields can offset or exceed expense ratios on networks like Solana, potentially improving long-term returns. The structure supports network security by decentralizing stake across validators, meaning investors contribute to blockchain health.
The S-1 filing initiates a review process before potential market listing, positioning Jito to advance institutional crypto adoption through regulated on-chain finance products.
