Several Solana staking ETFs may win US approval within two weeks: Analyst
ETF analyst Nate Geraci noted that several amended S-1 filings for spot Solana ETFs now include staking provisions, potentially setting the stage for approval in the near future. He highlighted that if the SEC allows these products through its recently introduced listing pathway, decisions could arrive in roughly two weeks. This timeline suggests that mid-October may be a realistic window for the market to see the first Solana staking ETFs receive the green light.
The remarks come shortly after a wave of amended filings submitted on Friday by major, well-established issuers, underscoring heightened momentum around Solana-based products. With issuers adjusting their applications to meet evolving regulatory expectations, attention is now turning to whether the SEC will move quickly, potentially signaling a new era for crypto ETFs that integrate staking features.
Where the Solana staking ETF approval stands
Geraci highlighted amended S-1s from Franklin Templeton, Fidelity, CoinShares, Bitwise, Grayscale, VanEck and Canary Capital. These updates arrive days after the SEC approved “generic listing standards” that allow exchanges to list qualifying commodity and digital-asset ETPs without case-by-case Commission orders significantly compressing timelines if criteria are met. Cointelegraph+2SEC+2
The U.S. market also has an early proof point: the REX-Osprey SOL + Staking ETF (SSK) listed on Cboe BZX on July 2, seeking 1x SOL exposure plus staking rewards. Its debut underscores mechanics for combining spot exposure with staking in a U.S. wrapper, even as broader spot-SOL ETFs queue behind it.
What the Solana staking ETF approval would change
Approval would expand access beyond crypto-native venues to mainstream brokerages, potentially increasing regulated, price-agnostic inflows especially from model portfolios that can only buy ’40-Act or exchange-listed products. Europe has already shown appetite: Bitwise’s Solana staking ETP recorded about $60 million of inflows over five sessions, according to the firm’s CIO.
Near-term catalysts and cross-currents
Listing rules: SEC’s generic standards could allow NYSE/Nasdaq/Cboe to list qualifying products on a streamlined basis.
Issuer pipeline: Multiple amended S-1s referencing staking mechanics signal readiness to launch pending comments and exchange actions.
Adjacent products: Bitwise filed for a spot HYPE ETF, highlighting appetite to bring more on-chain assets to public markets.
How to track U.S. decisions on Solana ETF & staking (practical steps)
<section id=”howto”> <h3>How to monitor U.S. Solana ETF filings and decisions</h3> <ol> <li id=”step1″><strong>Step 1:</strong> Bookmark SEC EDGAR and check each issuer’s S-1/485 updates (search “Solana”).</li> <li id=”step2″><strong>Step 2:</strong> Watch Cboe, Nasdaq, and NYSE listing notices for new product symbols and effective dates.</li> <li id=”step3″><strong>Step 3:</strong> Follow issuer and analyst accounts on X (e.g., Nate Geraci; Bitwise CIO) for real-time updates.</li> <li id=”step4″><strong>Step 4:</strong> Read issuer prospectuses for staking language (who delegates, reward handling, slashing risks).</li> <li id=”step5″><strong>Step 5:</strong> Confirm brokerage availability, margin/IRA eligibility, and tax treatment before trading.</li> </ol> <p><em>Note: Process may vary by exchange and product type. Verify requirements with your broker and the official filing.</em></p> </section>
Context & Analysis
Pantera Capital recently framed SOL as “next in line for its institutional moment,” citing under-allocation relative to BTC/ETH and the prospect of a U.S. spot product. Separately, BTC-crypto sentiment could be influenced by macro policy: Galaxy Digital’s Mike Novogratz argued a highly dovish next Fed chair could be a major bull catalyst for crypto, though he cautioned it would be “really” bad for the U.S. economy underscoring policy trade-offs.
Conclusion
If exchanges proceed under the SEC’s new generic standards and issuers resolve outstanding comments on their amended S-1 filings, approval for Solana staking ETFs could come as early as mid-October. This timeline is creating anticipation among market participants watching closely for regulatory signals.
For investors, the next key developments will appear in exchange notices and the final prospectus language. These documents will outline the specifics on how investors can access the funds, the staking yields offered, as well as important custody arrangements and risk management controls.
FAQs
Q : When could the SEC decide on these Solana ETFs?
A : Analyst Nate Geraci expects decisions within roughly two weeks, pointing to mid-October, contingent on exchange listings and final comments.
Q : Do the filings explicitly mention staking?
A : Yes. Recent amended S-1s reference staking mechanics, a notable shift that may also inform future ETH ETF staking considerations.
Q : What changed at the SEC to speed things up?
A : The Commission approved generic listing standards that let exchanges list qualifying crypto ETPs without case-by-case orders, shortening timelines.
Q : Is there already a U.S. product with SOL + staking?
A : Yes. Cboe lists the REX-Osprey SOL + Staking ETF (ticker: SSK).
Q : How might Solana staking ETF approval affect SOL demand?
A : It could open regulated, brokerage-based access and create price-agnostic inflows similar to BTC/ETH ETP dynamics though demand is uncertain.
Q : Are there signs of global demand?
A : Bitwise’s Europe-listed Solana staking ETP reportedly took in ~$60M across five sessions.
Q : What other crypto ETP filings matter now?
A : Bitwise filed for a spot HYPE ETF, signaling broadening asset coverage beyond BTC/ETH.