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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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Crypto World

Sui Blockchain Secures Institutional Backing as Grayscale Files ETF with Coinbase Custody

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21Shares Introduces JitoSOL ETP to Offer Staking Rewards via Solana

TLDR:

  • Grayscale’s S-1 amendment for Sui ETF with Coinbase custody brings institutional capital access channels. 
  • zkLogin technology eliminates seed phrases by enabling Google, Face ID, and phone authentication methods. 
  • Object-centric architecture processes transactions simultaneously, maintaining sub-cent fees during peak usage. 
  • Move programming language prevents asset duplication and deletion, eliminating common smart contract exploits.

 

The Sui blockchain has entered a new phase of development in February 2026 as institutional finance shows increased interest in the platform.

Grayscale recently amended its S-1 filing for a Sui exchange-traded fund, naming Coinbase as custodian. This development marks a shift from retail-driven speculation toward institutional infrastructure adoption.

The move signals growing recognition of Sui’s technical capabilities and regulatory compliance standards within traditional finance circles.

Institutional Capital Opens New Access Channels

The Grayscale ETF filing represents more than a routine regulatory submission. Exchange-traded funds transform digital tokens into recognized financial instruments accessible to pension funds and retirement accounts.

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These institutional investors can now gain exposure without managing wallets or private keys directly. Coinbase’s role as custodian addresses security and compliance requirements that traditional finance demands.

Bitcoin ETFs previously demonstrated how institutional access drives capital inflows at scale. However, Bitcoin had already matured before ETF approval.

Sui remains in earlier development stages, meaning institutional capital entering now carries greater relative impact. Fixed supply dynamics combined with increasing demand create favorable conditions for long-term growth.

The institutional validation extends beyond price speculation. Regulatory recognition attracts enterprise developers and commercial applications.

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Projects building on blockchains with clear compliance pathways face fewer legal uncertainties. This regulatory clarity reduces friction for businesses considering blockchain integration.

Capital markets now view Sui as legitimate infrastructure rather than experimental technology. The shift reflects broader industry maturation as crypto moves from speculative trading toward functional utility.

Traditional finance involvement brings stability and resources that support long-term ecosystem development.

Technical Architecture Removes Adoption Barriers

Sui addresses two critical obstacles that have prevented mainstream adoption. The platform eliminates seed phrase requirements through zkLogin technology developed by partners, including Human.tech’s Wallet-as-a-Protocol and Ika.

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Users authenticate with Google accounts, Face ID, or phone numbers while maintaining full asset control. Zero-knowledge authentication verifies identity without exposing private keys to third parties.

This onboarding simplification removes the most intimidating aspect of cryptocurrency usage. Traditional wallet setup requires writing down twelve-word phrases and understanding address systems.

Sui reduces this process to familiar login methods users already trust. The technology breakthrough makes blockchain accessible without requiring technical education.

The underlying architecture also delivers performance improvements. Sui employs an object-centric model where assets exist as independent objects rather than account balances.

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Tokens, NFTs, and smart contracts process simultaneously instead of sequentially. This parallel execution prevents network congestion even during high-demand periods.

Transaction fees remain under one cent with finality achieved in approximately 400 milliseconds. The Mysticeti consensus upgrade further reduced latency.

Move programming language adds security advantages by treating assets as resources that cannot be copied or accidentally deleted.

This design eliminates common exploit categories, including reentrancy attacks. The combination of usability and technical performance positions Sui for practical application deployment across finance and gaming sectors.

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Figure Technology Data Breach Exposes Customer Personal Information

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Figure Technology Data Breach Exposes Customer Personal Information

Figure Technology, a blockchain-based lending firm, was reportedly hit by a data breach after attackers manipulated an employee in a social-engineering scheme.

The incident allowed hackers to obtain “a limited number of files,” a company spokesperson told TechCrunch. The company said it has begun notifying affected parties and is offering free credit-monitoring services to anyone who receives a breach notice.

Details about the scope of the incident, including how many users were affected or when the intrusion was detected, were not disclosed publicly. Cointelegraph reached out to Figure for comment, but had not received a response by publication

The hacking collective ShinyHunters claimed responsibility on its dark-web leak site, alleging the company declined to pay a ransom. The group published roughly 2.5 gigabytes of data said to have been taken from Figure’s systems.

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ShinyHunters publishes stolen data. Source: Dominic Alvieri

Related: ‘Hundreds’ of EVM wallets drained in mysterious attack: ZachXBT

Leaked Figure data includes names, addresses

TechCrunch reported that it reviewed samples of the leaked material, which included customers’ full names, home addresses, dates of birth and phone numbers. This information could be used for identity fraud and phishing attempts.

As Cointelegraph reported, crypto phishing attacks linked to wallet drainers dropped sharply in 2025, with total losses falling to $83.85 million, an 83% decline from nearly $494 million in 2024, according to Web3 security firm Scam Sniffer. The number of victims also fell to about 106,000, down 68% year over year across Ethereum Virtual Machine chains.

Researchers said the drop does not mean phishing has disappeared. Losses closely tracked market activity, rising during periods of heavy onchain trading and easing when markets cooled. The third quarter of 2025, during Ethereum’s strongest rally, recorded the highest losses at $31 million, with monthly totals ranging from $2.04 million in December to $12.17 million in August.

Related: Crypto hack counts fall, but supply chain attacks reshape threat landscape

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Figure Technology goes public

Figure Technology went public in September last year, listing on the Nasdaq Stock Exchange. The fintech firm, known for its blockchain-based lending, priced its initial public offering (IPO) at $25 per share, raising $787.5 million and achieving an initial valuation of approximately $5.3 billion to $7.6 billion.