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A US exchange has submitted a proposal to the SEC for approval to trade shares of a fund holding JitoSOL, a Solana-based liquid staking token. This would mark the first SEC exchange filing for a liquid staking token ETP, potentially opening new avenues for institutional investment in the crypto market. The move highlights growing regulatory engagement with blockchain innovations and could boost Solana's adoption. Investors are watching for signs of broader acceptance of staking-derived assets in traditional financial frameworks.
