VanEck Digital Assets, LLC has submitted an amended Form S-1 to the U.S. Securities and Exchange Commission (SEC) on October 31, 2025 for the VanEck JitoSOL ETF, a fund aimed at reflecting the market price of JitoSOL, a liquid staking token on the Solana platform, after deducting operating expenses.
This move expands regulated investment opportunities into the Solana ecosystem for both institutional and individual investors. The ETF will directly hold JitoSOL and track its daily value through the MarketVector index. Participants can create or exchange a “basket” of 25,000 shares for cash or in-kind trading.
Each JitoSOL represents staked SOL and accumulated rewards, allowing investors to benefit from staking profits without the need to operate a node. Currently, Solana (SOL) is trading around 186 USD, maintaining support at 180 USD; experts expect the buying momentum could push the price up to 240–300 USD.