21Shares launches JitoSOL-based Solana staking ETP in Europe

21Shares has launched a new exchange-traded product that combines exposure to Solana with liquid staking, expanding the range of crypto yield products available to European investors.

The firm said Thursday that its 21Shares Jito Staked SOL ETP, trading under the ticker JSOL, gives investors exchange-traded access to JitoSOL, one of the dominant liquid staking tokens on the Solana network. Holding JitoSOL allows investors to retain full exposure to the price of SOL while earning two sources of yield: standard staking rewards and an additional share of transaction-related revenue generated through Jito’s infrastructure on Solana. The structure enables investors to access staking returns without managing wallets, validators, or onchain operations.

According to a statement, the product is listed on Euronext Amsterdam and Paris in U.S. dollar and euro denominations and carries a total expense ratio of 0.99%.

Solana’s low fees and high throughput have drawn attention from both crypto-native firms and traditional financial institutions like Visa, PayPal, and Franklin Templeton, exploring and diving into onchain settlement.

Alistair Byas-Perry, head of EU investments and capital markets at 21Shares, said the product expands on the firm’s previously introduced staking features within its Solana ETP lineup and that the manager sees continued demand for yield-enhanced crypto exposure.

Brian Smith, president of the Jito Foundation, added that the collaboration reflects growing institutional interest in Solana as onchain activity scales beyond experimentation and into payments, trading, and tokenization use cases. "JitoSOL was built from the ground up to provide liquidity and full staking exposure without compromising on transparency or network alignment," he said.

The product adds to Europe’s growing lineup of crypto ETPs that incorporate staking features. Meanwhile, in the U.S., asset managers and regulators continue actively discussing how staking, yield, and validator economics should be treated within ETF and ETP structures, including proposals tied to JitoSOL and other staking tokens.