TechFlow news, July 31 — According to SolanaFloor, Jito Labs, Bitwise, Multicoin Capital, VanEck, and the Solana Policy Institute submitted a joint open letter to the U.S. Securities and Exchange Commission (SEC) on July 31, recommending the use of liquid staking tokens (LSTs) as the staking mechanism in exchange-traded products (ETPs). The recommendation specifically addresses eight Solana ETF applications filed in June and an additional application submitted on June 25.
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