Europe advances on Solana liquid staking as US regulators hesitate

[ed]

Europe has moved ahead on liquid staking products even as U.S. regulators remain cautious. While several Solana staking ETFs have been approved in the United States, liquid staking products such as those holding JitoSOL have not yet received clearance.

In 2024, Solana staking ETFs in the U.S. attracted strong inflows, with launches from Bitwise and Grayscale drawing hundreds of millions in assets. However, the Securities and Exchange Commission continues to bar liquid staking within ETP structures.

Jito Labs and asset managers including VanEck and Bitwise have urged regulators to reconsider, arguing liquid staking improves capital efficiency. Jito executives say they expect approval eventually, citing growing interest from U.S., Asian, and Middle Eastern markets.

[cryptobro]

liquid staking etps sound so obviously useful, can’t believe regulators are still dragging their feet