Solana News Today: Solana's Staking-Infused ETF Could Redefine Altcoin Investing

Several major firms have resubmitted their applications for Solana (SOL)-backed exchange-traded funds (ETFs) to the U.S. Securities and Exchange Commission (SEC), marking a significant step in the institutional adoption of the cryptocurrency. These filings, including those from Bitwise and 21Shares, have been submitted in anticipation of a decision expected by October 2025. Approval would mirror the trajectory of Bitcoin and Ethereum ETFs, offering traditional investors new avenues to access the digital asset market [1].

Canary Capital, one of the leading firms in the filing process, has introduced a revised spot Solana ETF application, which incorporates a partnership with Marinade Finance for staking and yield generation. This hybrid model integrates traditional asset management with blockchain innovation, potentially offering greater liquidity and transparency for institutional investors. The firm has also committed to a two-year staking period with Marinade Select, which includes auto-compounded rewards to enhance the fund’s net asset value (NAV) [2]. This approach not only addresses regulatory scrutiny but also differentiates the ETF from purely passive offerings by introducing a yield component.

In addition to regulatory alignment, Canary’s strategy emphasizes transparency and security. The firm has committed to publishing daily NAVs, full holdings, and pricing data on its ETF website. These disclosures are intended to meet the expectations of institutional investors, who require detailed visibility into asset allocation and risk management. Canary’s custody strategy includes splitting assets between hot and cold wallets, with private keys held exclusively by the custodian to mitigate security risks [3].

Industry experts suggest that approval of Solana ETFs could unlock substantial capital inflows. Financial analysts estimate that an approved Solana ETF could attract between $4 billion and $8 billion in assets under management, with broader implications for the altcoin sector. The approval could signal a shift in how U.S. investors view digital assets, moving from speculative trading toward structured investment. If the ETF is approved, it could catalyze further institutional capital inflows into Solana and other altcoins, potentially adding $10–15 billion to the sector [4].

The resubmitted ETF applications reflect a growing trend in the industry, with eight Solana ETF applications currently pending before the SEC. These filings come at a time when the broader crypto market is stabilizing and institutional interest in digital assets is on the rise. Canary’s filing, in particular, highlights the strategic integration of DeFi infrastructure and U.S.-created assets, aligning with regulatory preferences for domestic innovation [5].

As the SEC’s decision date approaches, the outcome will likely shape the trajectory of Solana and the broader altcoin market. If approved, the ETF could serve as a blueprint for future filings, accelerating the integration of digital assets into traditional portfolios. For now, the market remains closely watching, with the potential for regulatory clarity to drive further momentum in the Solana ecosystem [6].

Source:

[1] Solana Price Forecast: Institutional Flows and ETF Speculation Fuel Rally Toward $280

https://www.tradingnews.com/news/solana-price-forecast-sol-usd-institutional-flows-and-etf-speculation-fuel-rally-toward-280-usd

[2] Solana's ETF Potential and Institutional Adoption

https://www.bitget.com/news/detail/12560604941162