TechFlow News: On February 27, according to Cointelegraph, Nasdaq has submitted a proposed rule change to list the VanEck JitoSOL ETF.
This ETF will hold JitoSOL—the Solana-based liquid staking token—directly. Brian Smith, Chairman of the Jito Foundation, stated that if approved, staking rewards will not be distributed separately but instead reflected in the fund’s net asset value (NAV). Since JitoSOL automatically compounds rewards, each token held by the trust represents both the underlying deposited SOL and the staking rewards accrued on the Solana network.
Add to Favorites
Share to Social Media
