Jito Labs and other institutions jointly wrote to the U.S. SEC, urging the inclusion of LST in the Solana ETF

According to ChainCatcher news and SolanaFloor reports, Jito Labs, Bitwise, Multicoin Capital, VanEck, and the Solana Policy Institute submitted an open letter to the U.S. Securities and Exchange Commission (SEC) on July 31, suggesting the adoption of liquid staking tokens (LST) as a staking mechanism in exchange-traded products (ETP). This proposal specifically targets the 8 Solana ETF applications submitted in June and an additional application submitted on June 25.