SECGeneralJune 23, 2026

SEC Opens Review of VanEck JitoSOL (Solana Staking) ETF Listing on Nasdaq

The SEC has opened formal proceedings to determine whether to approve or disapprove Nasdaq's proposal to list and trade shares of the VanEck JitoSOL ETF, a commodity-based trust tied to a Solana liquid staking token. This signals the SEC is subjecting staking-based crypto ETF structures to heightened scrutiny, beyond standard Bitcoin/Ethereum spot ETF precedents. Compliance officers at exchanges, custodians, and broker-dealers should monitor this closely as it may shape how staked digital asset products are classified and regulated.

What to do

Track the SEC docket for this proceeding and assess how a potential approval or disapproval of staking-based crypto ETFs would affect your product offerings, custody arrangements, and marketing disclosures.

Who this affects

Crypto ExchangeCrypto CustodianBroker-Dealer / RIATrust Company

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Source

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This radar entry is educational and does not constitute legal advice. Summaries are AI-assisted and grounded in the linked official source; always verify against the primary source and consult qualified legal counsel for jurisdiction-specific guidance.

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