21Shares lists JitoSOL-backed Solana ETP on Euronext Amsterdam and Paris

21Shares lists JitoSOL-backed Solana ETP on Euronext Amsterdam and Paris — Images.cointelegraph.com
Image source: Images.cointelegraph.com

21Shares has launched a Jito-staked Solana exchange-traded product in Europe. The 21Shares Jito Staked SOL ETP will trade under the ticker JSOL in US dollars and euros on Euronext Amsterdam and Paris, and the issuer says it is the first Europe-listed ETP backed by JitoSOL. The product holds JitoSOL directly and the issuer says its net asset value reflects staking rewards.

JitoSOL, issued by the Jito Network, represents SOL tokens deposited into a liquid staking program on the Solana network where staked tokens remain transferable rather than locked. Jito said in posts on X that the ETP offers institutional investors regulated access to JitoSOL while capturing staking and MEV-related rewards.

The protocol framed the European launch as building on an earlier JitoSOL ETF filing from VanEck in the United States and as part of a broader effort to expand institutional access to its liquid staking infrastructure. 21Shares is a Switzerland-based issuer with more than 55 crypto ETPs across European exchanges and about $8 billion in assets under management, the company said; it launched its first physically backed crypto ETP in 2018 and has operated as a FalconX subsidiary since October while maintaining independent product and investment operations.

Jito Network launched in 2021 and focuses on liquid staking and validator infrastructure on Solana; CoinGecko data put JitoSOL’s market capitalisation at about $1.67 billion at the time of writing.

21shares jito staked sol etp, jsol ticker, euronext amsterdam listing, euronext paris listing, jitosol, jito network, liquid staking solana, staking rewards, mev rewards, vaneck jitosol filing, falconx subsidiary, jitosol market cap

Latest in