SOL is currently the strongest candidate for the next spot ETF in the United States, with the possibility of being approved in the coming weeks.
ETF issuers have updated their S-1 filings as required by the SEC, including the addition of staking, indicating that the process is being expedited.
JTO is the largest staking platform on Solana with a TVL of ~3 billion dollars, the only project mentioned in the ETF filings, and plays a prominent role in discussions with the SEC.
If the Solana Spot ETF is approved, JTO could be the biggest benefiting token due to its position in the Solana staking ecosystem.
