Overview

• Franklin Templeton, Fidelity, CoinShares, Bitwise, Grayscale, VanEck and Canary filed coordinated S-1 amendments that would allow their spot Solana ETFs to stake SOL.
• Staking provisions would let the funds earn on-chain rewards, which filings say would be treated as fund income that could enhance returns for shareholders.
• ETF analyst Nate Geraci publicly projected possible approval in roughly two weeks, while emphasizing no formal SEC decision has been announced.
• Bloomberg’s James Seyffart noted the synchronized timing of the updates, interpreting the moves as evidence of active dialogue between issuers and the SEC.
• Recent market signals include about $60 million flowing into Bitwise’s European Solana staking ETP over five sessions and the REX‑Osprey U.S. fund surpassing $250 million in assets.