21Shares has launched a new Exchange-Traded product (ETP) that tracks Jupiter (JUP), the central liquidity hub of the Solana blockchain, in six Swiss exchanges.
The listing, under Ajup, under the ticker, provides European institutional investors with regulated exposure to protocols that promote more than 90% of trade aggregation across Solana’s decentralized exchange. ETP has a 2.5% fee and is available in both US dollars and euros.
Jupiter has grown into a critical infrastructure layer within Solana’s Decentralized Finance (DEFI) ecosystem, routed transactions across more than 20 decentralized exchanges, recording lifetime volumes of over $1 trillion. Jupiter has expanded to derivatives, automated trading tools, token firing and liquid staking, and its Jupsol Derivative is currently ranked as Solana’s biggest staking product.
ETP also comes when Jupiter is preparing for Jupnet. This is an initiative to extend liquidity services beyond Solana by connecting multiple blockchains, wallets and digital IDs. 21 shares already manages more than $11 billion with over 50 physically backed crypto ETPs, explaining Jupiter is the cornerstone of Solana’s growth and evolving cross-chain brokerage layer.
ETPs are regulatory securities traded on traditional exchanges that allow investors to touch digital assets without the need for direct token custody.
