Solana ETF with Staking: SEC Decision Expected Within Two Weeks

What if October became Solana’s month? Several spot ETFs with staking could be approved by the SEC within two weeks. A decision that could trigger a new institutional momentum and reshape the crypto landscape. But will this regulatory recognition be enough to propel SOL to a status comparable to Bitcoin and Ethereum?

Solana faces the test of regulation

According to Nate Geraci, president of NovaDius Wealth Management, the SEC could greenlight several Solana ETFs with staking by mid-October. 

These applications, led by major asset managers like Franklin Templeton, Fidelity, Grayscale, and VanEck, mark a decisive step for institutional adoption of SOL.

The prior launch, in August, of the first Solana staking ETF (REX-Osprey) listed on the Cboe BZX Exchange, had already met great success, with significant volumes from the first hours of trading. 

Building on this precedent, the market now expects a new wave of financial products backed by Solana capable of attracting a much wider institutional capital.

This momentum occurs in a particular context: the crypto market closely watches every move of the US regulator. The recent approval of ETFs on other digital assets, as well as the SEC’s openness to generic listing standards for crypto ETFs, fuel the idea that Solana could reach a major milestone. 

Moreover, the fact that these new applications include staking sends a strong signal. If the SEC accepts it for Solana, it could someday authorize enhanced versions of existing Ethereum ETFs, incorporating not only price exposure but also a yield from staking.

The trend also crosses beyond US borders. In Europe, the Solana ETP with Staking launched by Bitwise recorded $60 million in inflows in just five days. 

“Solana is on everyone’s mind“, summarizes Hunter Horsley, Chief Investment Officer at Bitwise, highlighting the growing investor interest in this rising network.

A pivotal moment for institutional adoption

Pantera Capital keeps reiterating: Solana is “next on the list” for massive institutional adoption. The fact remains indisputable: institutional investors hold less than 1% of the total SOL supply, compared to 16% for Bitcoin and 7% for Ethereum. 

In terms of value, the gap is equally striking: nearly $364 billion for Bitcoin, over $30 billion for Ethereum, and barely one billion for Solana.

Yet, the arguments in favor of Solana are strong. Its network combines speed and low transaction costs, attracting an increasing number of major payment players like Stripe and PayPal. 

Added to this is an attractive yield on SOL staking, ranging between 7% and 8%, significantly above the levels offered by Ethereum.

If the SEC were to approve Solana staking ETFs, the move could serve as a trigger. Institutional capital, still largely absent from the SOL ecosystem, would finally have a regulated framework to invest in. 

Such an opening would grant Solana increased legitimacy, bringing its status closer to that of the market giants, Bitcoin and Ethereum. 

The potential impact should not be underestimated. A significant reallocation of institutional flows toward Solana could reshape the current crypto market balance. 

Thanks to its competitive yields and robust fundamentals, the SOL token positions itself as a serious candidate for the role of the big winner of the next cycle. The next two weeks, critical for ETF approval, could well mark the start of this historic turning point.