21Shares Launches Solana Yield ETP, Expanding Crypto Product Suite

Event summary

  • 21Shares launched the 21shares Jito Staked SOL ETP (JSOL) on January 29, 2026, listed on Euronext Amsterdam and Paris.
  • JSOL provides exposure to JitoSOL, a liquid staking token on the Solana network, combining SOL price exposure with staking yield.
  • The ETP has a total expense ratio of 0.99% and is available in USD (JSOL NA) and EUR (JSOL FP).
  • 21Shares previously launched the Solana ETP (ASOL) in 2021, which remains the largest Solana ETP globally.

The big picture

21Shares’ launch of JSOL underscores the growing demand for yield-generating crypto products within the European market. Solana’s increasing adoption by institutional players and its positioning as a viable alternative to Ethereum creates a favorable backdrop for JSOL, but also highlights the risks associated with concentrated exposure to a single blockchain network. The move also signals 21Shares’ continued ambition to be a leading distributor of crypto investment vehicles, building on its existing AUM of $8 billion.

What we're watching

Regulatory Scrutiny
Increased regulatory focus on crypto ETPs, particularly those involving staking mechanisms, could impact JSOL’s listing and distribution in Europe.
Yield Sustainability
The long-term viability of JitoSOL’s yield structure, dependent on Solana network activity and transaction fees, will determine JSOL’s attractiveness to investors.
Competitive Landscape
The emergence of competing liquid staking ETPs could erode JSOL’s market share and put pressure on 21Shares to innovate further.