#Solana seeks SEC approval to launch ETF with staking.
Solana ETFs with Liquid Staking Tokens (LSTs) are gaining traction in the financial landscape. Influential companies like Jito Labs and VanEck have urged the SEC to approve these proposals, which could redefine how institutional and retail investors interact with cryptocurrency assets.
By integrating LSTs into ETFs, the aim is to enhance market efficiency and offer users rewards for staking, without having to manage the tokens directly. If approved, these innovations could position Solana as a key player in the institutional adoption of decentralized finance.
