VanEck files to launch first JitoSOL ETF on Solana, offering investors easy access to liquid staking rewards via regulated brokerage accounts.
VanEck, a well-known asset manager, has taken a big step in the crypto world by applying with federal regulators. On August 22, 2025, the company submitted a Form S-1 to launch the first JitoSOL ETF based on the Solana blockchain. This fund will be tracking JitoSOL, a liquid staking token that represents staked SOL tokens and the rewards. It aims to provide easy access to Solana staking yields to investors via normal brokerage accounts.
Liquid Staking Clarity Boosts JitoSOL ETF Prospects
Moving to the background, this filing caps months of difficult work and cooperation. In February 2025, the representatives of Jito met with SEC staff to talk about how staking could be integrated into exchange-traded products. In March 2025, Jito Labs Chief Legal Officer, Rebecca Rettig, released a paper that claimed that JitoSOL is a decentralized staking infrastructure, not a security. Such initiatives created a platform to negotiate with regulators in the future.
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In addition, the SEC gave a critical direction in 2025 that favored this action. In May 2025, the personnel explained that some staking models, such as protocol staking, are not subject to securities regulations. This was then done by an August 2025 liquid staking statement that provided more clarity to products like the JitoSOL ETF. In June and July 2025, Jito and other contributors provided feedback as part of a comment period that pushed towards safe use of staking in ETFs.
In the meantime, the Chief Commercial Officer at Jito Foundation, Thomas Uhm, collaborated with ETF issuers, custodians, and exchanges to establish the required infrastructure. This was supported by partners such as Multicoin Capital, Solana Foundation, and VanEck. They have played a pivotal role in helping Jito to bring crypto to institutional investors.
The SEC’s 2025 guidance states that liquid staking tokens like JitoSOL are receipts for staked assets, not securities. This provides a legal avenue to ETFs to employ them. Liquidity benefits investors because JitoSOL removes unbonding delays and investors can enjoy daily redemptions and creations as well as gain rewards. The structure also provides the simplicity of tax and regulatory regulations, which are clear and easy to use by traditional finance.
Low-Income Investors Gain Access Through JitoSOL Staking
What is more, staking allows users to compensate ETF fees, which increases your returns without additional effort. This is particularly attractive on Solana which has competitive staking rewards. Distributing stake among validators, JitoSOL can enhance the security of the network, allowing low-income investors to contribute as well. Now that there is clear guidance in place, the way forward to LST-based ETFs is clear and actionable.
Moving forward, the ETF has to go through a review process before listing on the market following the S-1 filing. Jito will continue to liaise with regulators to make sure that there is transparency and compliance. This filing is the way to link the blockchain technology with big investors. To continue its institutional adoption, Jito will continue to develop the tools and policies that will bring on-chain finance into the mainstream.