Overview

• Franklin Templeton, Fidelity, CoinShares, Bitwise, Grayscale, VanEck and Canary submitted amended S-1s that explicitly allow their proposed funds to stake SOL.
• Staking rewards would be treated as fund income under the disclosures, giving investors regulated price exposure with a potential yield component if products launch.
• Bitwise registered a Form 8-A, a preparatory step that positions its shares for exchange listing should the SEC grant effectiveness.
• ETF specialists Nate Geraci and James Seyffart pointed to the synchronized filings as evidence of constructive issuer–SEC engagement, with Geraci estimating potential approvals in roughly two weeks, though decisions remain pending.
• The push follows clear demand for staking products, with Bitwise’s European Solana ETP taking in about $60 million over five sessions and the REX‑Osprey Solana Staking ETF topping $300 million in assets.