21Shares Debuts First JitoSOL Staked Solana ETP in Europe

21Shares Introduces Europe’s First Jito-Staked Solana ETP

Europe has taken a decisive step forward in crypto investment innovation as 21Shares officially launches the first exchange-traded product backed by Jito-staked Solana. The new product delivers regulated exposure to Solana while seamlessly integrating staking rewards, marking a milestone for institutional access to liquid staking strategies.

The launch places Europe ahead of the United States in embracing liquid staking within exchange-traded products, at a time when US regulators continue to scrutinize similar offerings.

A New Era for Solana Exposure in Regulated Markets

The newly introduced 21Shares Jito Staked SOL ETP, trading under the ticker JSOL, is listed on Euronext Amsterdam and Euronext Paris and is available in both US dollars and euros. Unlike traditional crypto ETPs that simply track the price of an asset, this product directly holds JitoSOL, allowing investors to benefit from staking yields embedded directly into the product’s net asset value.

This structure offers exposure to Solana without the operational complexity of managing onchain staking, validator selection, or lock-up periods. The result is a simplified, exchange-listed product designed for professional and institutional investors seeking yield alongside price exposure.

How JitoSOL Transforms Solana Staking

JitoSOL is a liquid staking token issued by the Jito Network, representing SOL deposited into a staking program on the Solana blockchain. What makes JitoSOL distinct is its liquidity. While traditional staking requires tokens to be locked, JitoSOL remains transferable, enabling capital flexibility while continuing to generate staking rewards.

In addition to standard staking yield, JitoSOL also captures value from MEV-related strategies, enhancing overall returns. This combination positions JitoSOL as a core building block for advanced Solana-based investment products.

Institutional Demand Drives the European Launch

According to Jito Network, the European debut of the Jito-staked Solana ETP reflects growing institutional demand for compliant and yield-generating crypto products. In statements shared on X, the protocol highlighted that the product offers regulated access to liquid staking while preserving transparency and efficiency.

This launch builds on earlier momentum, including VanEck’s previous filing for a JitoSOL-based ETF in the United States, signaling a broader push to integrate liquid staking into traditional financial instruments.

21Shares Expands Its Crypto ETP Leadership

21Shares, headquartered in Switzerland, has established itself as one of Europe’s most prominent crypto ETP issuers. With more than 55 crypto products listed across European exchanges and approximately $8 billion in assets under management, the firm continues to expand its footprint in regulated digital asset markets.

Since becoming a subsidiary of FalconX, 21Shares has maintained independent investment and product operations, allowing it to innovate while benefiting from institutional-grade infrastructure. The company’s history dates back to 2018, when it launched its first physically backed crypto ETP, long before digital assets entered mainstream finance.

Jito Network’s Growing Influence on Solana

Founded in 2021, Jito Network focuses on liquid staking solutions and validator infrastructure for Solana. Its flagship token, JitoSOL, has grown rapidly, reaching a market capitalization of approximately $1.67 billion, according to CoinGecko data.

The expansion into regulated European markets strengthens Jito’s position as a key player in Solana’s staking ecosystem and highlights increasing global interest in liquid staking as a capital-efficient alternative to traditional staking models.

Why the United States Is Still Lagging Behind

While Europe moves forward, the United States remains cautious. US regulators have approved several Solana staking ETFs, but liquid staking products continue to face regulatory resistance. Despite this, demand is clearly present.

Earlier this year, the first US-listed Solana staking ETF recorded strong inflows on its debut, while subsequent launches from Bitwise and Grayscale attracted hundreds of millions of dollars in assets. These products provide staking yield exposure, but stop short of adopting liquid staking structures like JitoSOL.

Industry leaders argue that liquid staking improves efficiency and reduces operational friction. In July, Jito Labs, alongside VanEck and Bitwise, formally urged the US Securities and Exchange Commission to approve liquid staking within Solana ETPs, emphasizing its benefits for both issuers and investors.

Global Momentum Builds for JitoSOL Products

Lucas Bruder, CEO of Jito Labs, has expressed confidence that JitoSOL-based products will eventually receive regulatory approval in the United States. He also noted growing interest from markets across Asia and the Middle East, regions increasingly active in crypto infrastructure and institutional adoption.

According to Bruder, continued education around proof-of-stake mechanics and Solana’s technical advantages will play a crucial role in accelerating acceptance across global financial markets.

Europe Sets the Standard for Crypto Innovation

The launch of the 21Shares Jito Staked SOL ETP underscores Europe’s willingness to lead in regulated crypto innovation. By combining price exposure, staking rewards, and liquidity in a single exchange-traded product, the region is setting a benchmark that other markets may soon follow.

As institutional investors continue to search for yield-enhanced digital asset products, liquid staking ETPs like JSOL may represent the next evolution of crypto investment vehicles.

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