🔳 Jito Labs, Bitwise, Multicoin Capital, VanEck, and Solana Institute sent a joint letter to the SEC requesting permission to include liquid staking tokens (LST) in Solana exchange-traded funds.
ℹ️ The coalition argues that LST enhances capital efficiency, operational resilience, and risk management, aligning with the SEC's recent recommendations for the creation and redemption of cryptocurrency ETFs.
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