- SEC faces an October 10 deadline to approve, reject, or request changes for upcoming Solana-based ETF applications.
- Solana’s presence in U.S. regulated markets expanded with the REX Osprey Sol Staking ETF launch on the CBOE.
The United States Securities and Exchange Commission (SEC) may approve several Solana-based exchange-traded funds (ETFs) in the coming weeks. The deadline for the review is October 10, although the SEC could announce a decision sooner.
Industry observers point out that firms such as Franklin, Fidelity, CoinShares, Bitwise, Grayscale, VanEck, and Canary have all submitted updated S-1 forms to the agency, reflecting preparations to launch funds that would give investors regulated access to Solana’s native token, SOL.
Another flurry of S-1 amendments filed today on spot sol ETFs…
Franklin, Fidelity, CoinShares, Bitwise, Grayscale, VanEck, & Canary.
Includes staking (yes, bodes well for spot eth ETF staking).
Guessing these are approved w/in next two weeks. pic.twitter.com/g13NDFKSEU
— Nate Geraci (@NateGeraci) September 26, 2025
Nate Geraci, an ETF expert, stated that the new proposals include a staking component. If approved, these funds would not only track the price of SOL but also allow administrators to validate transactions on the Solana network and distribute staking rewards to investors. Bloomberg analyst James Seyffart confirmed the same detail, emphasizing the shift toward combining price exposure with blockchain yield.
Solana already has a presence in U.S. regulated markets
On July 2, REX Shares and Osprey Funds launched the REX Osprey Sol Staking ETF (SSK) on the Chicago Board Options Exchange (CBOE). The product gives exposure to the price of SOL while generating extra returns through staking. This model, new to American ETF markets, lets investors earn rewards from network participation without running validator infrastructure directly.
Form 8-A filed https://t.co/SQ9W1dsZND pic.twitter.com/uBBHjxs72h
— Hunter Horsley (@HHorsley) September 26, 2025
Institutional demand for Solana exposure is also apparent in Europe. Bitwise, another ETF applicant, revealed $60 million in revenue this week from its European-listed Solana staking ETP. This signals that institutional appetite is growing for products tied to Solana and staking yields.
Approval of U.S. spot Solana ETFs with staking would mark an expansion of regulated crypto investment tools. The decision by the SEC, expected no later than October 10, is closely watched by both asset managers and market participants seeking broader access to Solana-linked investment products.
Solana (SOL) is trading at $201.48, down 1.84% in the last 24 hours. Over the past week, SOL has fallen 15.61%, while its monthly decline is limited to 0.75%. On a six-month basis, the token remains strong with a 61.37% gain, and on a yearly scale it is up 29.47%. Its market capitalization stands at $109.47 billion, with daily trading volume near $5.28 billion.
SOL recently slipped below the $200 level for the first time in a month, testing support in the $190–$200 range. Analysts warn that if this zone fails, the next downside target could be $150, a level that aligns with previous consolidation zones. Resistance is capped near $204–$210, where sellers have consistently pressured the token.
