Expert: Solana Staking ETFs Likely Approved by Mid-October

3 Min Read Tags:

  • Several Solana ETFs with staking may receive approval in the U.S. by mid-October, according to ETF analyst and NovaDius Wealth Management President Nate Geraci.
  • The launch of the first Solana Staking ETF saw a trading volume of $33 million on its debut day.
  • Experts view staking in exchange-traded funds as a catalyst for institutional demand and altcoin season.

Solana ETFs with Staking: A Potential Game-Changer

In an exciting development for the cryptocurrency market, several Solana-based exchange-traded funds (ETFs) featuring staking may soon gain approval in the United States. According to Nate Geraci, an ETF analyst and president of NovaDius Wealth Management, these approvals could occur within just two weeks following the submission of updated S-1 documents to the U.S. Securities and Exchange Commission (SEC). This advancement sets the stage for launching multiple staking products aimed at American investors.
The S-1 documentation is a detailed form that discloses financial indicators, risk structures, and terms for offering securities. Such approvals could pave the way for American investors to access a broader array of staking products.

Rising Interest in Solana Funds

Interest in Solana within fund segments has seen noticeable growth following the launch of the first Solana Staking ETF by REX-Osprey on the Cboe BZX platform. On its debut day, this fund recorded a trading volume of $33 million and attracted $12 million in inflows. The successful launch has heightened expectations among experts that Solana might become the next asset, after Bitcoin and Ethereum, to capture institutional attention.
Pantera Capital analysts have previously stated that capital allocation towards this particular asset remains underestimated. They suggest that Solana is “next in line” for institutional success—a sentiment echoed by European product dynamics observed by company representatives.
Moreover, Bitwise’s Investment Director Hunter Horsley revealed that their Europe-based ETP built on Solana attracted an impressive $60 million over five recent trading days.

A Pivotal Month Ahead for Cryptocurrency

Geraci highlights October as potentially significant for the crypto market. He points out an application filed for an ETF named Hyperliquid (HYPE) and mentions that SEC has approved general listing standards for crypto funds. These developments create conditions conducive to expedited reviews of new applications.
Some experts believe expanding crypto-ETF offerings could serve as catalysts for the next growth cycle of altcoins. Bitfinex notes that without access to lower-risk instruments, institutional investors might participate only marginally in markets—an obstacle hindering potential rallies.
Marcus Thielen from 10x Research adds that such instruments could radically transform markets by combining ETF liquidity with staking returns.
Notably, we previously reported on the debut of a spot Ethereum-ETF with staking entering U.S. markets.
This combination of strategic advancements positions October as critical not just for regulatory decisions but also as a turning point capable of reshaping investor strategies across digital assets globally.

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