21Shares Launches Jito Staked SOL ETP for Investors

TLDR

• 21Shares Jito Staked SOL ETP launched on January 29, 2026.
• Product offers exposure to JitoSOL with 0.99% expense ratio.
• Solana price declined 2% post-launch amid market weakness.

21Shares has announced the launch of a new innovative financial product, the 21Shares Jito Staked SOL ETP, aimed at European investors. The investment product, launched on January 29, 2026, is listed on Euronext Amsterdam and Paris, available in both USD (JSOL NA) and EUR (JSOL FP).

This exchange-traded product offers investors exposure to JitoSOL, a liquid staking token on the Solana blockchain, while benefiting from a combination of standard staking rewards, transaction fees, and exposure to the price of SOL. The product is designed with a 0.99% expense ratio, providing an option for those interested in digital assets without the need for direct wallet management.

Key Players in the Launch

The 21Shares Jito Staked SOL ETP results from collaboration between several major entities in the cryptocurrency space. 21Shares AG serves as the issuer, while the Jito Foundation is responsible for the provision of JitoSOL. Additionally, the products have been made available through the Euronext Amsterdam and Paris exchanges.

Alistair Byas-Perry, Vice President and Head of EU Investments and Capital Markets at 21Shares, emphasized the significance of the product for investors. He mentioned in a statement, “The 21shares JSOL ETP gives investors access to one of the most recognised Solana liquid staked tokens through their existing brokers.” Brian Smith, President of the Jito Foundation, added that JitoSOL was crafted to provide liquidity and full staking exposure while ensuring transparency and alignment with the Solana network.

A History of Solana Initiatives

The launch of JSOL follows 21Shares’ earlier endeavor into Solana-based financial products. In 2021, 21Shares launched the first staking-enabled Solana ETP, ASOL, which still holds its position as the largest Solana ETP globally. This expansion to the JitoSOL product highlights the growing institutional demand for Solana’s yield potential, low transaction costs, and possibilities in tokenization.

The Solana network plays a crucial role in building internet capital markets and is regarded as mature global financial infrastructure. As the network expands, products like the 21Shares Jito Staked SOL ETP are expected to provide gateways for European investors to engage in Solana’s growth responsibly.

Market Movement and Reactions

The launch of this product has already had an impact on the market. Following the announcement on January 29, 2026, the price of Solana (SOL) experienced a 2% decline amid broader market weakness. This decline aligns with trends such as declining derivatives open interest and negative funding rates.

While the JPOL ETP launch is a significant development for the Solana ecosystem, it hasn’t been referenced by key opinion leaders or seen any direct statements from major regulatory bodies like the SEC, CFTC, or ESMA. For those interested in further insights into the market dynamics, WyoStable’s post on cryptocurrency market trends provides valuable perspectives.