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
The Federal Reserve reminds the market not to take interest rate cuts for granted.
All three major U.S. stock indexes closed higher.
All three major U.S. stock indexes closed higher, with bank stocks performing strongly.
The Dow Jones Index closed up by 497.58 points, with both the S&P 500 and Nasdaq also rising.
Trending news
MoreCrypto prices
More
