$1.67 billion in liquidation... Europe's first "JitoSOL ETP" was launched, and the Solana institutional strategy was officially launched

Europe’s first Solana ETP based on JitoSOL is listed… 21Shares Expands Access to Institutional Investors\n\n21Shares, a Swiss cryptocurrency ETP (listed index product) professional management company, has launched a Solana (SOL)-based “liquid staking” product in Europe and has begun targeting institutional investors. The newly launched product is called “Jito Staked SOL ETP” and is coded as “JSOL”. \n\n21Shares announced on the 29th (local time) that its ETP has been listed on Euronext Amsterdam and Paris. This product directly holds JitoSOL, a liquid staking token in the Solana ecosystem, and reflects the staking income in the ETP’s net asset value. Transactions in US dollars and euros, it is the first JitoSOL-based product in Europe. \n\nJitoSOL is a liquid staking token issued by the Jito network, which can be freely transferred or traded even after staking the token, unlike traditional staking. It is characterized by the ability to earn staking yields without the need for complex validator delegations or on-chain operations. According to Jito on the same day, the structure of the JSOL ETP is designed to capture JitoSOL’s staking yield and MEV (Maximum Extractable Value) rewards and pass them on to investors. Jito mentioned VanEck’s JitoSOL ETF application filed in the United States last year, explaining that this listing in Europe will make its ecosystem more accessible to global institutional investors. According to CoinGecko data, JitoSOL currently has a market capitalization of about $1.67 billion (about 2.3938 trillion won). In Europe, liquid staking products can be listed under regulation, but the United States remains conservative about this. In fact, in July last year, the first Solana pledged ETF in the United States recorded a net inflow of $12 million (about 17.2 billion won) on the first day of listing; In October, Bitwise also listed a $220 million (about 315.4 billion won) Solana staking ETF. In the same month, Grayscale also launched a Solana ETF with built-in staking, but none of these products included liquid staking. To this end, Jito Labs, along with VanEck and Bitwise, submitted a public proposal to the U.S. Securities and Exchange Commission calling for liquid staking to be allowed. Lucas Bruder, CEO of Jito Labs, said: “Based on the deepening understanding of digital assets and PoS (proof-of-stake) structures, as well as the advantages of Solana’s infrastructure, JitoSOL-based products are expected to eventually be approved in the United States. He added that demand in Asia and the Middle East is also growing. \n\n21Shares pioneered the launch of a physically-backed cryptocurrency ETP in Europe in 2018 and currently has a total of over 55 products listed on major European exchanges. The assets under management are approximately USD 8 billion (approximately KRW 11.472 trillion). Since October last year, the company has been acquired by FalconX, a professional broker for American institutional investors, and operates as an independent brand. This listing shows that liquid staking is gradually being integrated into the mainstream financial system in the global market. Especially within the Solana ecosystem, a structure that can ensure both staking and liquidity is a key factor in stimulating institutional demand, and related market growth may be in full swing in the future with the approval of the United States. \n\n"Liquid staking, reinvesting from structurology — at TokenPost Academy”\n\nThe💡 listing of the Solana-based JitoSOL ETP in Europe goes beyond mere product launches. In the DeFi world, liquid staking is an innovation that pursues both staking income and asset liquidity, and if you enter hastily without understanding its structure, you may fall into structural risks. \n\nThere are structures that need to be understood in liquid staking products, such as MEV rewards, LTV (loan-to-value ratio), liquidity pool risk, etc. Investing solely for high yields can lead to unexpected losses. \n\nTokenPost Academy’s Phase 5: The DeFi User course does not simply teach “how to deposit and earn income”, but systematically explains the operation structure of liquid staking products such as USDe and JitoSOL to risk management. \n\nStart with the principle of DEXs: understand the difference between AMM and order book methods, and analyze the liquidity supply structure\n\nCalculation method of impermanent loss: quantitatively grasp the profit and loss structure of pledge and LP\n\nLTV and liquidity risk response: liquidation price of lending products and risk hedging strategies\n\nBy 2026, the market will be dominated by “smart money” who understand risk factors. Study hard now and master the strength to protect your assets. \n\nApply for the TokenPost Academy course\n\nCourse Outline: From Basics to Liquid Staking, Options Strategies — 7-Stage Masterclass\n\nFirst Month Free Event On! \n\nDirect Link: AI Considerations\n\nThis article is based on a summary of the article generated by TokenPost.ai language model. The main content of the text may be omitted or inconsistent with the facts.