Overview

• Franklin Templeton, Fidelity, CoinShares, Bitwise, Grayscale, VanEck and Canary filed amended S-1s that add staking to proposed spot Solana ETFs.
• The updated structures would delegate SOL on-chain and treat staking rewards as fund income distributed to shareholders.
• ETF analysts, including Nate Geraci, predict potential approvals within about two weeks, noting the SEC’s faster process for crypto products.
• Bitwise’s European Solana staking ETP drew roughly $60 million in five trading days, highlighting cross-border demand for staking exposure.
• In the U.S., the REX-Osprey Solana Staking ETF launched on Cboe BZX and has grown to about $250 million in assets after strong early trading and inflows.