TLDR:
- VanEck and Jito filed an updated S-1/A with the SEC for a Solana ETF featuring an integrated staking model.
- The ETF aims to track Solana’s price while generating staking rewards through Jito’s validator network.
- VanEck’s filing outlines full custodial control of SOL assets under regulatory compliance frameworks.
- If approved, it could become the first U.S. ETF offering regulated Solana exposure with yield benefits.
The Solana ETF story has taken another step forward. VanEck and Jito have filed an amended S-1 registration with the U.S. SEC, refining details around the fund’s structure and staking model. This move signals persistent interest in bringing Solana exposure to regulated markets.
The filing gives a clearer picture of how the fund plans to operate. It could also hint at how crypto staking might evolve under ETF frameworks in the United States.
VanEck and Jito Outline Solana ETF Mechanics and Staking Structure
According to the SEC filing published, the VanEck Jito Solana ETF will track the price of SOL, Solana’s native token, using a trust structure similar to existing spot crypto ETFs.
The filing describes a strategy where the fund could engage in staking through Jito Labs, a key Solana ecosystem contributor known for validator optimization and MEV (Maximal Extractable Value) infrastructure.
VanEck stated in the amendment that staking rewards would be reinvested into the fund, aiming to enhance yield for shareholders while maintaining liquidity. The document outlines that all staking operations would follow strict security and compliance standards, ensuring assets remain in the fund’s custody at all times.
This adjustment marks the first Solana ETF proposal to explicitly integrate a staking component. It positions VanEck’s offering as a potentially more attractive option compared to traditional non-yielding crypto ETFs currently under review.
MartyParty, a crypto investor, shared the update on X, noting the filing’s submission as “Amendment #1” under S-1/A with the SEC. The post triggered a wave of anticipation across the crypto community as traders speculated on possible approval timelines.
Crypto Market Reacts to Solana ETF Momentum
The filing comes as Solana’s price continues its steady climb in the broader crypto recovery. Traders on X pointed to VanEck’s move as validation of institutional demand for Solana-based products.
The ETF’s inclusion of staking could set a precedent for future crypto funds combining yield generation with regulated exposure.
Market watchers expect that if approved, the VanEck Jito Solana ETF could draw substantial inflows, particularly from investors seeking diversified crypto exposure beyond Bitcoin and Ethereum.
The submission also highlights how traditional financial firms are beginning to experiment with on-chain yield strategies inside regulated frameworks.
For now, the ETF remains under SEC review, with no official approval timeline released. However, this amendment confirms that VanEck is actively refining its approach and that Solana’s path to a U.S.-listed ETF remains in progress.