Seven Firms File Solana Spot ETF Amendments With Staking
Franklin, Fidelity and others file Solana ETF amendments with staking. Approval could come in 2 weeks.
Crypto Laddin
Author
The race for a Solana spot ETF is intensifying. Franklin, Fidelity, CoinShares, Bitwise, Grayscale, VanEck, and Canary have all submitted S-1 amendments that include staking.
ETF analyst Nate Geraci called this a major milestone and suggested approval could arrive within the next two weeks.
The inclusion of staking is being seen as a signal that the SEC may also approve staking for future Ethereum ETFs, legitimizing staking as part of regulated investment products.
Geraci also pointed to a wave of historic ETF moves in recent weeks: the launch of the first spot XRP and Dogecoin ETFs, approval of index-based crypto ETFs, the debut of an Ethereum staking ETF, the first
Hyperliquid ETF application, and Vanguard’s pushback against spot crypto products.
With so many firsts arriving in quick succession, October could prove pivotal for crypto ETFs, reshaping institutional access and setting new precedents for staking in U.S. markets.
