Nasdaq Files for VanEck's JitoSOL ETF Listing with SEC

Nasdaq has submitted a filing to the U.S. Securities and Exchange Commission (SEC) to list VanEck's JitoSOL ETF, which features a liquid staking token based on Solana. According to NS3.AI, if the proposal is approved, the staking rewards will be integrated directly into the fund's Net Asset Value (NAV) instead of being distributed separately to investors. This initiative represents a novel method of handling staking rewards within an ETF framework.