Anchorage Digital Makes History: First U.S. Bank to Launch SOL Staking via ETF & JitoSOL Minting

Wall Street meets Web3—again. Anchorage Digital just bulldozed another regulatory barrier, becoming the first U.S. bank to offer SOL staking through an ETF wrapper while throwing JitoSOL minting into the mix. TradFi’s slow-motion crypto embrace gets a shot of adrenaline.

Why it matters: Banks aren’t supposed to play with fire. Yet here we are—a federally chartered institution handing out yield like a DeFi protocol (minus the smart contract risks, of course). The SEC’s frown just got deeper.

The mechanics: Anchorage’s move lets institutions stake SOL without touching a wallet. ETF structure provides compliance training wheels, while JitoSOL minting taps into Solana’s booming liquid staking ecosystem. Because why settle for vanilla yield when you can have leverage-flavored?

The cynical take: Nothing says 'bull market’ like banks repackaging blockchain yields with 2% management fees. At least they’re finally learning—if you can’t beat DeFi, wrap it in a prospectus and sell it to pensions.

TLDR

• Anchorage Digital Becomes First U.S. Bank to Enable Solana Staking via Regulated ETF and JitoSOL.
• REX-Osprey SOL ETF Launches with Anchorage as Custodian and Staking Partner Under 1940 Act.
• Anchorage Adds Native JitoSOL Support, Letting Clients Stake SOL Without Third-Party Apps.
• Institutions Can Now Access Both SOL ETF Staking and Liquid Staking Through Anchorage Digital.
• Anchorage Bridges Regulation and Yield, Cementing Its Lead in Institutional Solana Staking.

Anchorage Digital has cemented its role as the first U.S. bank to enable Solana staking through a regulated ETF and JitoSOL. The federally chartered crypto bank now supports both SOL staking via the REX-Osprey ETF and JITOSOL minting on its platform. This move expands institutional access to Solana staking through compliant, custody-based channels backed by federal oversight.

REX-Osprey ETF Introduces Regulated SOL Staking

The REX-Osprey solana + Staking ETF officially launched under the Investment Company Act of 1940. Anchorage Digital serves as the exclusive custodian and staking partner for the fund. This structure ensures regulated exposure to SOL and passes staking rewards directly to ETF shareholders.

The first-ever crypto staking ETFs have been registered with @SECGov and Anchorage Digital is proud to be named the staking partner and exclusive qualified custodian.

The newly registered REX-Osprey Solana + Staking ETF will provide exposure to @solana while also distributing… pic.twitter.com/4todQ800i1

— Anchorage Digital ⚓ (@Anchorage) July 2, 2025

Unlike spot Bitcoin or ethereum ETFs under the 1933 Act, this ETF requires a qualified custodian. Anchorage remains the only U.S. bank permitted to both custody and stake digital assets. This compliance advantage positions it to capture institutional demand for yield-bearing crypto assets.

The ETF uses Anchorage’s end-to-end infrastructure, which includes secure custody and validator integration. It introduces staking into U.S. ETFs in a fully regulated format. The fund charges a management fee of 0.75%, though tax accrual may impact the net fee structure.

Anchorage Expands to Support JitoSOL Minting

Anchorage now also supports minting and redemption of JitoSOL, Solana’s largest liquid staking token. Clients can stake SOL to mint JitoSOL directly through Anchorage Digital’s platform without third-party apps. This option gives users direct access to staking rewards and MEV income in a native, regulated environment.

JitoSOL support marks Anchorage’s first liquid staking expansion beyond Ethereum. Users can redeem JitoSOL at any time to unlock their staked SOL assets. Anchorage aims to provide streamlined access to staking while maintaining security and regulatory clarity.

Anchorage will enable JitoSOL minting via Porto, its institutional-grade wallet. This rollout ensures clients retain full control of assets without compromising staking access. The platform eliminates reliance on apps like WalletConnect for interaction with Solana staking protocols.

Institutional Access to Solana Deepens

Anchorage Digital is now the only U.S.-based federally chartered bank offering compliant access to both ETF and liquid staking. Its dual support for the REX-Osprey ETF and JitoSOL gives institutions flexibility in staking strategy. This development strengthens Anchorage’s foothold in staking-enabled financial products.

With Solana’s ecosystem gaining traction, regulated staking access becomes increasingly important. Anchorage bridges compliance with yield generation, offering staking tools fit for institutional portfolios. Its expansion into Solana reflects its ongoing commitment to blockchain-native finance infrastructure.

REX Shares and Osprey Funds initiated filings in May for SOL and ETH ETFs using a C-corporation structure. These filings include a staking component to generate added yield from fund holdings. Anchorage’s capabilities were key in turning these proposals into viable offerings.