SEC’s Crypto Task Force Triggers JTO Price Surge
The newly established Crypto Task Force by the U.S. Securities and Exchange Commission (SEC) met with the CEOs of Jito Labs and Multicoin Capital, which has led to positive momentum for Jito’s native token, JTO. The discussion during the meeting centered on the possibility of incorporating staking into crypto exchange-traded products (ETPs), which could have significant implications for the crypto industry.
This development has led to growing optimism within the market, particularly for Jito’s ecosystem, with JTO increasing by 16.67%, reaching a two-month high of $3.58 after the meeting. This rise in price highlights the optimism surrounding the potential inclusion of staking in ETPs, which could benefit…
