Nasdaq has submitted a rule change application to the U.S. Securities and Exchange Commission (SEC) to list and trade the VanEck JitoSOL ETF, which will directly hold Solana-based liquid staking tokens JitoSOL. According to the disclosure in the document, if approved, the staking rewards earned by the fund will not be distributed separately but will be automatically included in the fund's net asset value. (Cointelegraph)
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Nasdaq has submitted a rule change application to the U.S. Securities and Exchange Commission (SEC) to list and trade the VanEck JitoSOL ETF, which will directly hold Solana-based liquid staking tokens JitoSOL. According to the disclosure in the document, if approved, the staking rewards earned by the fund will not be distributed separately but will be automatically included in the fund's net asset value. (Cointelegraph)