The U.S. Securities and Exchange Commission (SEC) is reviewing a proposal for a JitoSOL Liquid Staking Token ETF. The application was submitted through the 19b-4 process with Nasdaq.
The proposed ETF aims to offer investors exposure to liquid staking tokens, specifically JitoSOL. This marks a significant step in the integration of crypto assets with traditional financial markets.
Details about the potential approval timeline or the specific structure of the ETF are not yet available. The SEC's decision will be closely watched by the crypto community and financial markets.
Key facts
- The SEC is reviewing a JitoSOL Liquid Staking Token ETF proposal.
- The application was filed with Nasdaq under the 19b-4 process.
- The ETF aims to provide exposure to liquid staking tokens.
Sources
About Leonard Kravets
cryptocurrency journalist and market analyst focused on the intersection of blockchain, culture, and real-world adoption. Known for his clear, data-driven writing style, he covers emerging altcoins, DeFi trends, and the risks behind hype-driven projects. With a strong emphasis on education, transparency, and spotting potential scams before they spread.
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