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CryptoMediumUpdated•Originally published 26 February 2026•Updated 27 February 2026•

1 min read

Nasdaq Files for First JitoSOL Liquid Staking ETF with US SEC

Key Facts

1A proposal was filed with the US SEC to list an ETF based on JitoSOL.

3 months ago

Version History

Version 13 months ago

What changed: Nasdaq has officially entered the filing process as the listing exchange and clarified that staking rewards will be captured via the fund's NAV instead of separate payouts.

Nasdaq has officially filed a rule change proposal with the US Securities and Exchange Commission (SEC) to list the first-ever ETF based on JitoSOL. As a prominent liquid staking token (LST) within the Solana ecosystem, this filing marks a significant attempt to bring yield-bearing crypto products to the US regulated market. According to the proposal, staking rewards will be captured by reinvesting them directly into the fund's Net Asset Value (NAV) rather than issuing separate distributions. This mechanism is designed to offer investors compounded exposure to staking yields, streamlining the investment process for institutional players. The move follows the successful launch of spot Bitcoin and Ethereum ETFs, signaling a shift toward more complex decentralized finance (DeFi) instruments. However, the SEC's regulatory stance on liquid staking protocols remains a primary hurdle for the fund's ultimate approval.