VanEck’s Solana ETF debut marks growing institutional interest and a shift in regulatory tone. It establishes a possible standard for staking-enabled ETFs and is now listed on DTCC. Bloomberg analyst James Seyffart predicts possible SEC approval by early Q4, noting delays for crypto ETFs are expected until at least late June or early July.
Firms like Franklin Templeton and Galaxy Digital are also in the race, updating their S-1 filings. Grayscale’s 2.5% fee in its Solana fund hints at industry revenue models.
With Bitcoin and Ethereum ETFs already paving the way, Solana may now attract major liquidity. The SEC’s warming stance on ETFs suggests broader altcoin adoption, possibly reshaping market dynamics and accelerating staking integration.
