21Shares has introduced a new exchange-traded product in Europe that blends Solana price exposure with liquid staking rewards, marking another step in the expansion of regulated crypto yield products for traditional investors.
Announced on Thursday, the 21Shares JITOSOL ETP, trading under the ticker JSOL, gives investors exchange-traded access to JitoSOL, one of the leading liquid staking tokens on the Solana blockchain. The product is designed to offer exposure to Solana (SOL) while also capturing staking-related returns, without requiring investors to manage wallets, validators, or other onchain infrastructure.
21SharesBy holding JitoSOL, investors maintain full exposure to SOL’s market price and benefit from two sources of yield. The first comes from standard Solana staking rewards. The second is derived from transaction-related revenue generated through Jito’s network infrastructure, which is integrated into Solana’s ecosystem. This structure aims to simplify access to staking returns while keeping the investment within a familiar exchange-traded format.
The ETP is listed on Euronext Amsterdam and Euronext Paris, with both U.S. dollar and euro-denominated listings. According to the company, the product carries a total expense ratio of 0.99%.
Solana’s growing appeal has been driven by its low transaction costs and high throughput, features that have attracted interest from both crypto-native projects and established financial institutions. Companies such as Visa, PayPal, and Franklin Templeton have been exploring onchain settlement and tokenization initiatives using Solana’s infrastructure.
Alistair Byas-Perry, head of EU investments and capital markets at 21Shares, said the launch builds on the firm’s existing Solana ETP offerings that already include staking elements. He noted that investor demand for yield-enhanced crypto exposure continues to grow as the market matures.
Brian Smith, president of the Jito Foundation, highlighted the broader significance of the collaboration, pointing to increasing institutional engagement with Solana as onchain activity expands beyond pilot projects into areas like payments, trading, and asset tokenization. He emphasized that JitoSOL was designed to provide liquidity and full staking exposure while maintaining transparency and alignment with the network.
The new product adds to a steadily expanding range of crypto ETPs in Europe that incorporate staking features. At the same time, discussions in the United States continue among asset managers and regulators about how staking rewards, yield generation, and validator economics should be treated within ETF and ETP frameworks, including proposals involving liquid staking tokens such as JitoSOL.
