Bitwise, VanEck Urge SEC to Approve Liquid Staking Tokens for Solana ETFs

Crypto ETF issuers Bitwise and VanEck, alongside JitoLabs, Jito Foundation, Solana Policy Institute, and Multicoin Capital, have sent a public letter to the SEC, advocating for the approval of liquid staking tokens (LSTs) in ETFs. These stakeholders have specifically requested that the Commission begin by approving LSTs for the Solana ETFs.