US May Approve Solana ETFs With Staking Soon

[tradelikepro]

Several Solana (SOL) spot ETFs with staking could receive approval from the US SEC by mid-October, according to ETF analyst Nate Geraci. Asset managers including Franklin Templeton, Fidelity, CoinShares, Bitwise, Grayscale, VanEck, and Canary Capital recently filed amended S-1 documents outlining their ETF plans.

This comes just two months after the REX-Osprey Solana Staking ETF launched in the US, recording $33M in trading volume and $12M in inflows on its first day. Analysts say SOL could be “next in line for its institutional moment,” given its under-allocation relative to BTC and ETH.

[EmTeam]

If Solana ETFs with staking get SEC approval by mid-October, SOL could finally have its big institutional moment.

[Nahid10]

With giants like Fidelity, Franklin Templeton & Grayscale filing, SOL might be the next asset after BTC & ETH to see massive ETF inflows.