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🚨BREAKING: @jito_labs, @BitwiseInvest, @multicoincap, @vaneck_us, and the @SolanaInstitute have submitted a public letter to the SEC urging approval of Liquid Staking Tokens in Exchange Traded Products, specifically within the pending Solana ETF applications from eight major issuers.
The letter argues LSTs provide capital efficiency, operational resilience, and improved risk management, aligning with recent SEC guidance on in-kind creation and redemption for crypto ETPs.
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