Solana Staking ETFs to Gain US SEC Approval by Mid-October
As US SEC approval for Solana staking ETFs inches closer, multiple asset managers, including Franklin Templeton, Fidelity, CoinShares, Bitwise, Grayscale, VanEck and Canary Capital, have amended their S-1 filings to clarify Solana staking ETF structures in their spot SOL ETF applications. Fidelity plans to stake a portion of its SOL holdings to generate yield. ETF analyst Nate Geraci forecasts US SEC approval for several Solana staking ETFs within two weeks, likely by mid-October, marking a potential institutional milestone for SOL. The first U.S. Solana staking ETF, launched by REX Shares and Osprey on the Cboe BZX, logged $33 million in debut-day volume and $12 million in inflows, while Bitwise’s European SOL ETP attracted $60 million over five days. Hashdex and Grayscale have also expanded their multi-crypto ETFs to include SOL alongside BTC, ETH, ADA and XRP. Analysts note that staking provisions in Solana ETF filings signal positive regulatory sentiment for future spot ETH staking ETFs. Traders should watch SEC announcements as key catalysts for SOL price action; significant ETF inflows and steady accumulation by Solana treasury entities could drive SOL toward the $300 level.
Bullish
The anticipated US SEC approval of multiple Solana staking ETFs represents a significant institutional development for SOL, likely attracting fresh capital inflows. Staking provisions and amended S-1 filings by major asset managers signal regulatory acceptance, boosting market confidence. Early performance of the REX-Osprey fund and strong interest in Bitwise’s European SOL ETP demonstrate robust demand. In the short term, traders can expect heightened volatility around SEC announcements, while long-term accumulation via ETFs and treasury actions could support a sustained uptrend toward key resistance levels like $300.