Multiple Solana Staking ETFs Could Get U.S. Approval Within Two Weeks
Solana (SOL) staking ETFs could receive approval from the U.S. Securities and Exchange Commission (SEC) within as little as two weeks, according to an analysis by Nate Geraci, President of NovaDius Wealth Management. Geraci said on X that major asset management firms including Franklin Templeton, Fidelity, Grayscale, VanEck, Bitwise, CoinShares, and Canary Capital have all filed amended S-1 registration statements for spot Solana ETFs. These filings provide detailed information on financials,
Solana (SOL) staking ETFs could receive approval from the U.S. Securities and Exchange Commission (SEC) within as little as two weeks, according to an analysis by Nate Geraci, President of NovaDius Wealth Management.
Geraci said on X that major asset management firms including Franklin Templeton, Fidelity, Grayscale, VanEck, Bitwise, CoinShares, and Canary Capital have all filed amended S-1 registration statements for spot Solana ETFs. These filings provide detailed information on financials, risks, and the securities each fund intends to issue.
The First Solana Staking ETF Makes Its Mark
Just over two months ago, the REX-Osprey Solana Staking ETF officially listed on the Cboe BZX exchange, recording $33 million in trading volume and $12 million in inflows on its debut day. That success is seen as a significant milestone, signaling strong institutional investor demand for Solana.
Solana — The "Next in Line" for Institutional Adoption
According to Pantera Capital, Solana is positioned as the "next candidate for its institutional moment," with allocation still low relative to Bitcoin and Ethereum. Meanwhile, in Europe, Bitwise's Solana staking ETF pulled in $60 million in just the last 5 trading days.
A Catalyst for Altcoin Season and the Future of ETH ETFs
Geraci emphasized that adding staking to Solana ETF filings is a positive signal — not just for Solana, but also paving the way for Ethereum ETFs with staking down the road. If the SEC approves, this could become a major catalyst for a new altcoin season.
"Get ready for October," Geraci declared.