VanEck Aims to Bring Solana Staking Yields to Your Brokerage Account with New ETF

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Investors may soon have a new way to earn staking rewards without leaving the traditional financial system. VanEck has filed for a groundbreaking JitoSOL ETF.

If approved by the SEC, this fund would hold JitoSOL, a token that accrues rewards from the Solana network. This allows the ETF to offer a potential yield, unlike the firm’s existing spot Bitcoin and Ether ETFs, which simply track the asset’s price.

The product represents a major step in bridging the world of decentralized finance (DeFi) yields with regulated stock market products, offering a simplified path to crypto staking for mainstream investors.

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