Jito Labs and Other Institutions Jointly Urge the SEC to Include Liquid Staking Tokens in Solana ETFs
According to Jinse Finance, Jito Labs, Bitwise, Multicoin Capital, VanEck, and the Solana Policy Institute submitted an open letter to the U.S. Securities and Exchange Commission (SEC) on July 31, recommending the use of liquid staking tokens (LST) as a staking mechanism in exchange-traded products (ETPs). This proposal specifically addresses the eight Solana ETF applications submitted in June of this year, as well as additional applications filed on June 25.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Musk: The Macrohard Project Is Real and Will Be a Pure AI Software Company
Ego Death Capital Co-Founder: "Institutional Behavior" May Impact BTC's Long-Term Value
CAMP Airdrop Registration Resumes as Community Feedback Drives Free Registration and Fee Refunds
WINkLink Oracle Ecosystem Undergoes Comprehensive Upgrade, Now Open to Developers Worldwide
Trending news
MoreCrypto prices
More
