Key Insights:
- 21Shares launched Europe’s first Jito-staked Solana ETP (exchange-traded product) on Euronext Paris and Amsterdam.
- The product tracked JitoSOL directly and embedded staking rewards into net asset value.
- U.S. regulators still barred liquid staking exchange-traded funds despite approving Solana staking products.
21Shares launched the first Jito staked Solana ETP in Europe on Thursday. The product is listed on Euronext Amsterdam and Paris under the ticker JSOL. 21Shares said it gave regulated exposure to JitoSOL with staking rewards embedded.
The launch mattered because U.S. regulators still blocked liquid staking exchange-traded products. That gap kept pushing issuers to Europe for faster listings. The Jito staked Solana ETP also tested demand for yield-bearing Solana exposure.
21Shares Pitched Yield Inside A Listed Wrapper
21Shares said the Euronext product held JitoSOL directly and tracked rewards in net asset value. The firm said the exchange-traded product traded in U.S. dollars and euros. The company also said it marked the first Europe-listed ETP backed by JitoSOL.
Jito Network issued JitoSOL as a liquid staking token on Solana, 21Shares said. The firm said JitoSOL represented SOL deposited into a liquid staking program. 21Shares said holders earned staking yield without direct validator delegation.
Jito said institutional investors received regulated access to JitoSOL through JSOL. As per Jito, the product captured staking and maximal extractable value rewards. It posted those claims in a series of messages on X.
Jito Staked Solana ETP Put JitoSOL in the Spotlight
Jito Network said the European listing expanded institutional access to its infrastructure. The protocol said the move was built on VanEck’s prior U.S. filing. Jito said it wanted broader adoption of its liquid staking setup.
CoinGecko data put JitoSOL’s market capitalization near $1.67 billion. CoinGecko also showed Solana trading near $117.52 at publication. Those figures framed JitoSOL’s scale inside the Solana ecosystem.
Jito Network said it launched in 2021 and focused on validator infrastructure. The protocol tied its pitch to staking rewards and transferability. It also used the listing to argue that liquid staking remained operationally efficient.
Issuer Scale And Ownership Added Context For JSOL
21Shares said it listed more than 55 crypto exchange-traded products across Europe. The firm said it managed about $8 billion in assets globally. The company also said it launched its first physically backed crypto product in 2018.
21Shares said it operated as a FalconX subsidiary since October. The firm also said it kept independent product and investment operations. That structure placed JSOL inside a larger trading and custody ecosystem.
The company framed JSOL as a direct-hold product, not a synthetic exposure. 21Shares said it held JitoSOL and reflected rewards in net asset value. That design aimed to simplify yield capture inside a listed instrument.
Outlook Focused on Approval Timelines and Institutional Demand
A U.S.-listed exchange-traded fund holding JitoSOL remained under regulatory review at publication. Regulators had not approved the product at that time. The delay kept pressure on the U.S. liquid staking approval process.
Lucas Bruder, Jito Labs chief executive officer, said the firm expected U.S. approval. He said Asia and the Middle East showed rising institutional interest. Bruder also said education around proof-of-stake mechanics shaped regulatory decisions.
The European listing created a live market test for liquid staking demand. Investors now tracked JSOL pricing while Solana traded around $117.52, CoinGecko data showed. The next near-term catalyst is the U.S. Securities and Exchange Commission’s decisions on liquid staking filings.
The Jito staked Solana ETP also raised a simple question for U.S. regulators. Europe listed a liquid staking product while the U.S. still hesitated. That divergence shaped issuer strategy and investor access going into 2026.
The post 21Shares Launches Europe’s First Staked Solana ETP as U.S. Waits appeared first on The Coin Republic.
Source: https://www.thecoinrepublic.com/2026/01/30/21shares-launches-europes-first-staked-solana-etp-as-u-s-waits/
