Major Issuers File Amended Solana ETF Applications
Grayscale, Fidelity, Bitwise, VanEck, and other major asset managers have submitted amended S-1 applications to the U.S. SEC for Solana ETFs. These new filings introduce staking features, a move analysts believe could accelerate approval timelines.
According to ETF experts, the SEC may approve these applications within two weeks, thanks to streamlined regulatory processes for digital asset products. This rapid turnaround would mark a major milestone for Solana’s institutional adoption.
Staking Integration Boosts Yield Potential
Each amended application includes provisions for staking, enabling ETFs to generate on-chain rewards from Solana’s proof-of-stake mechanism. Funds can either receive SOL tokens or convert staking rewards into cash, potentially enhancing their net asset value (NAV).
This structure offers investors dual exposure: Solana’s price performance and an added income stream through staking. For traditional investors, this creates a more attractive risk-reward profile compared to non-yielding crypto ETFs.
SEC Regulatory Shifts Accelerate Timeline
The expected two-week approval timeline reflects recent SEC regulatory changes. Earlier this month, the agency approved Grayscale’s ETH products under standardized listing rules, reducing the need for repetitive case-by-case evaluations.
This streamlined framework is now being applied to Solana ETF applications, allowing issuers to fast-track their products through a more efficient approval process. Analysts view this as a turning point in how digital asset ETFs reach the market.
Recommended Article: Solana Price Prediction: ETF Optimism Meets $218 Resistance Barrier
Institutional Demand for Solana Is Surging
The wave of ETF filings follows a surge in institutional interest for Solana. Bitwise’s European Solana staking ETP attracted $60 million in inflows within one week, signaling strong demand from large investors.
In the U.S., the REX-Osprey SOL + Staking ETF (SSK) saw $10.6 million in net inflows in a single day, pushing its assets under management past $250 million just two months post-launch. These trends highlight Solana’s growing appeal among institutions.
REX-Osprey Restructures ETF for Tax Efficiency
REX-Osprey recently converted its Solana ETF from a C-Corporation to a regulated investment company. This strategic shift is designed to improve tax efficiency by eliminating federal and state taxes at the fund level.
The restructuring move increases the ETF’s competitiveness and investor appeal, particularly for institutions seeking efficient exposure to Solana with minimized tax friction. It also reflects a maturing regulatory environment for crypto funds.
Grayscale Expands Its Diversified Crypto Offerings
Grayscale is not just focusing on Solana but also broadening its diversified crypto portfolio. Its CoinDesk Crypto 5 ETF, which includes Solana and XRP, generated $22 million in trading volume on its first day.
This diversification strategy helps attract a broader range of investors seeking balanced exposure to multiple leading digital assets, positioning Solana alongside other top-tier cryptocurrencies in institutional portfolios.
Approval Expected by Early October
Given the recent SEC regulatory adjustments and strong institutional demand, analysts expect the first Solana ETF approvals to arrive in early to mid-October. This could unlock significant capital inflows and drive further market maturity.
The combination of staking rewards, regulatory momentum, and institutional enthusiasm sets the stage for Solana ETFs to become a major catalyst for the network’s next growth phase.
Staking ETFs Could Redefine Crypto Investment Landscape
The inclusion of staking in ETF structures represents a key evolution in crypto investing. By merging passive yield generation with regulated exposure, Solana ETFs could appeal to both traditional and crypto-native investors.
If approved, these products may establish Solana as a leader in yield-enhanced ETF offerings, potentially influencing how future blockchain ETFs are designed and regulated. Early October may mark a pivotal moment for Solana’s institutional era.
