Industry leaders, including Jito Labs and VanEck, are advocating for liquid staking in Solana ETPs, citing enhanced capital efficiency and investor options.
On July 31, Jito Labs, Bitwise, Multicoin Capital, VanEck, and the Solana Policy Institute appealed to the SEC for approval of Liquid Staking Tokens in Solana exchange-traded products. They argue that liquid staking can enhance capital efficiency and mitigate risks associated with traditional staking processes, while also providing more product options for investors. The SEC has yet to issue formal guidance on liquid staking, and at least nine Solana ETPs are pending a decision.