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Institutions including Jito Labs jointly wrote to the SEC urging the inclusion of liquid staking tokens in the Solana ETF.
On July 31, Jito Labs, Bitwise, Multicoin Capital, VanEck, and the Solana Policy Institute submitted an open letter to the SEC ( on July 31, recommending the use of liquid staking tokens )LST( as a staking mechanism in exchange-traded products )ETP(. This proposal specifically targets the 8 Solana ETF applications submitted in June this year and an additional application submitted on June 25.