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21Shares Introduces JitoSOL ETP to Offer Staking Rewards via Solana

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21Shares Introduces JitoSOL ETP to Offer Staking Rewards via Solana

TLDR

  • 21Shares has launched the Jito Staked SOL ETP to offer European investors exposure to Solana’s staking rewards.
  • The JitoSOL ETP is listed on Euronext Amsterdam and Paris with tickers JSOL NA in USD and JSOL FP in EUR.
  • The ETP provides a controlled and transparent way for investors to access JitoSOL, with a 0.99% expense ratio.
  • JSOL allows investors to benefit from both Solana’s price exposure and additional staking incentives.
  • 21Shares aims to simplify access to JitoSOL for institutional and retail investors through their current brokers.

Digital asset investment firm 21Shares has introduced a new exchange-traded product for European investors, offering access to JitoSOL. The company officially launched the Jito Staked SOL ETP (JSOL), which provides staking rewards from the Solana ecosystem. JSOL is now listed on Euronext Amsterdam and Paris, traded under the tickers JSOL NA (USD) and JSOL FP (EUR).

21Shares Adds New Access to JitoSOL Through Exchange-Traded Product

21Shares has launched the JSOL ETP to simplify access to JitoSOL for European investors through traditional financial platforms. The product enables trading via existing brokers or banks and includes liquid staking features from Solana.

The company set the total expense ratio at 0.99%, offering controlled and transparent exposure to Solana staking. According to 21Shares, investors benefit from full exposure to SOL’s price while earning staking incentives.

VP and Head of EU Investments at 21Shares, Alistair Byas-Perry, stated, “JitoSOL is an efficient way to stake SOL, maximising yield while ensuring liquidity for institutional players.” He added that JSOL lets investors use existing brokers to access one of Solana’s best-known liquid staking tokens.

JitoSOL offers users extra yield through transaction fees and prioritization on the network. This structure is designed to combine trading flexibility with yield-earning functionality.

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Solana’s Role in Scaling Financial Infrastructure and Tokenization

Solana continues to gain traction as a high-throughput network with low transaction costs, supporting both retail and institutional activities. According to 21Shares, its infrastructure rivals Ethereum by enabling real-time payments and asset tokenization.

Visa, PayPal, JPMorgan, and Franklin Templeton have used Solana for payments and tokenized asset issuance. In 2025, Visa’s USDC settlement program on Solana exceeded $3.5 billion in annualized transaction volume.

JPMorgan conducted a $50 million commercial paper deal for Galaxy Digital, using Solana for USDC settlement. The deal marked the first U.S. debt issuance serviced on a public blockchain.

Meanwhile, the Wyoming Stable Token Commission issued the Frontier Stable Token with oversight from Franklin Templeton. The token first launched on Avalanche, then distributed on Solana and Kraken.

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Solana’s expanding ecosystem now supports broad institutional use, from stablecoins to traditional finance partnerships. These developments show increasing confidence in its technical performance for real-world economic activity.

Growing Institutional Momentum Behind Solana and JitoSOL

The Jito Foundation confirmed that JitoSOL was built from scratch to optimize Solana staking with extra income streams. Brian Smith, President of the Jito Foundation, said it was engineered to meet institutional liquidity needs.

Its integration with 21Shares’ JSOL ETP allows European institutions to tap into Solana’s DeFi market. The product links tokenized rewards and staking profits to conventional trading methods.

Solana’s on-chain stablecoin market grew to $13.9 billion, with USDC accounting for over half the supply. This supports further development of liquid staking products like JSOL.

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Morgan Stanley filed for Solana and Bitcoin trusts with the U.S. SEC in early January 2026. These passive vehicles will track market prices once approved, expanding investor access to crypto assets.

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Solana (SOL) Plunges Below $100, Bitcoin (BTC) Recovers From 15-Month Low: Market Watch

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BTCUSD Feb 4. Source: TradingView


Meanwhile, HASH and HYPE have declined the most over the past 24 hours after charting impressive gains lately.

Bitcoin’s adverse price actions as of late worsened yesterday when the asset tumbled to its lowest positions since early November 2024 at $73,000 before recovering by a few grand.

Most altcoins followed suit with enhanced volatility, but some, such as SOL, HYPE, and CC, have been hit harder than others.

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BTC’s Latest Rollercoaster

It was just a week ago when the primary cryptocurrency challenged the $90,000 resistance ahead of the first FOMC meeting for the year. After it became official that the Fed won’t cut the rates again, BTC remained sluggish at first but started to decline in the following hours.

The escalating tension in the Middle East was also blamed for another crash that took place on Thursday when bitcoin plunged to $81,000. It bounced off to $84,000 on Friday but tumbled once again on Saturday, this time to under $75,000. Another recovery attempt followed on Monday, only to be rejected at $79,000.

Tuesday brought the latest crash, this time to a 15-month low of $73,000. It has rebounded since then to just over $76,000, but it’s still 3% down on the day. Moreover, it has lost 14% of its value weekly and a whopping 18% monthly.

Its market capitalization has plummeted to $1.525 trillion on CG, while its dominance over the alts has declined to 57.3%.

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BTCUSD Feb 4. Source: TradingView
BTCUSD Feb 4. Source: TradingView

SOL Below $100

Most larger-cap altcoins have felt the consequences of the violent market crash lately. Ethereum went from over $3,000 to $2,100 in the span of a week, before bouncing to $2,280 as of now. BNB is down to $760, while SOL has plummeted to under $100 after a 7% daily decline.

Even the recent high-flyer HYPE has retraced hard daily. The token is down by 11% to $33. CC and ZEC are also deep in the red, while XMR has gained the most from the larger caps.

The cumulative market cap of all crypto assets has seen more than $70 billion erased in a day and is down to $2.65 trillion on CG.

Cryptocurrency Market Overview Feb 4. Source: QuantifyCrypto
Cryptocurrency Market Overview Feb 4. Source: QuantifyCrypto

 

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Pumpfun Unveils Investment Arm and $3 Million Hackathon

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Pumpfun Unveils Investment Arm and $3 Million Hackathon


PUMP rallied as much as 10% but erased its gains as crypto markets dipped.

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Spot Bitcoin ETF AUM Hits Lowest Level Since April 2025

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Spot Bitcoin ETF AUM Hits Lowest Level Since April 2025

Assets in spot Bitcoin (BTC) ETFs slipped below $100 billion on Tuesday following a fresh $272 million in outflows.

According to data from SoSoValue, the move marked the first time spot Bitcoin ETF assets under management have fallen below that level since April 2025, after peaking at about $168 billion in October

The drop came amid a broader crypto market sell-off, with Bitcoin sliding below $74,000 on Tuesday. The global cryptocurrency market capitalization fell from $3.11 trillion to $2.64 trillion over the past week, according to CoinGecko.

Altcoin funds secure modest inflows

The latest outflows from spot Bitcoin ETFs followed a brief rebound in flows on Monday, when the products attracted $562 million in net inflows.

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Still, Bitcoin funds resumed losses on Tuesday, pushing year-to-date outflows to almost $1.3 billion, coming in line with ongoing market volatility.

Spot Bitcoin ETF flows since Jan. 26, 2026. Source: SoSoValue

By contrast, ETFs tracking altcoins such as Ether (ETH), XRP (XRP) and Solana (SOL) recorded modest inflows of $14 million, $19.6 million and $1.2 million, respectively.

Is institutional adoption moving beyond ETFs?

The ongoing sell-off in Bitcoin ETFs comes as BTC trades below the ETF creation cost basis of $84,000, suggesting new ETF shares are being issued at a loss and placing pressure on fund flows.

Market observers say that the slump is unlikely to trigger further mass sell-offs in ETFs.

“My guess is vast majority of assets in spot BTC ETFs stay put regardless,” ETF analyst Nate Geraci wrote on X on Monday.

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Source: Nate Geraci

Thomas Restout, CEO of institutional liquidity provider B2C2, echoed the sentiment, noting that institutional ETF investors are generally resilient. Still, he hinted that a shift toward onchain trading may be underway.

Related: VistaShares launches Treasury ETF with options-based Bitcoin exposure

“The benefit of institutions coming in and buying ETFs is they’re far more resilient. They will sit on their views and positions for longer,” Restout said in a Rulematch Spot On podcast on Monday.

“I think the next level of transformation is institutions actually trading crypto, rather than just using securitized ETFs. We’re expecting the next wave of institutions to be the ones trading the underlying assets directly,” he noted.