It's been over 60 days since the SEC issued staking guidance.
Today, executives from @jito_sol, @vaneck_us, @BitwiseInvest, @SolanaInstitute & @multicoincap filed a letter to SEC's Crypto Task Force advocating for liquid staking tokens (LSTs) within ETPs and other traditional financial products 👇
"We believe that LSTs are the best and most clearly viable path towards a fully staked ETP.
Allowing partial staking reduces the achievable yield available to investors and creates additional operational requirements for issuers."
@jito_sol @vaneck_us @BitwiseInvest @SolanaInstitute @multicoincap Full filing here:
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