21Shares has introduced a new exchange-traded product (ETP) in Europe that combines Solana
The new product, called 21Shares Jito Staked SOL ETP (JSOL), is listed on Euronext Amsterdam and Euronext Paris and trades in US dollars and euros.
It is the first ETP in Europe backed by JitoSOL, a token created by Jito Network.
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The fund directly holds JitoSOL
JitoSOL represents SOL tokens placed in Solana’s liquid staking program. This system keeps tokens transferable rather than locking them up, which allows users to earn staking rewards without running their own validators or managing blockchain processes.
Jito shared on X that the launch provides institutional investors with a regulated way to access JitoSOL, including returns from staking and maximal extractable value (MEV).
The company also linked this European rollout to VanEck’s previous JitoSOL ETF filing in the US.
Based in Switzerland, 21Shares manages over $8 billion in assets and has more than 55 crypto ETPs across European exchanges. The firm first launched a physically backed crypto ETP in 2018.
On January 13, 21Shares started trading its new Bitcoin
