The first U.S.-listed Solana staking ETF is set to begin trading tomorrow, offering investors exposure not only to SOL’s price but also to staking yields.
Issued by Rex Shares and Osprey Funds, the ETF recently secured SEC approval and could mark a turning point for altcoin-based funds.
Analysts at Presto Research see the launch as a key test of institutional appetite for non-Bitcoin crypto ETFs. A strong showing, they argue, could signal that Ethereum ETF underperformance is tied to Ethereum-specific concerns—not a broader lack of interest in altcoin products.
Presto analysts Peter Chung and Min Jung noted that staking returns may appeal to institutions seeking yield in digital assets. They view a $150 million inflow within the first month as a sign of solid traction.
The ETF’s debut follows a May decision by the SEC confirming that staking-based ETFs are legally permissible, potentially paving the way for future offerings. Multiple spot ETF applications are still under review for assets like XRP, Litecoin, Dogecoin, and Pengu, with Bloomberg analysts predicting Solana, XRP, and Litecoin are next in line for approval.
The launch comes after Volatility Shares introduced Solana futures ETFs earlier this year, but this is the first product to combine spot exposure with staking income in the U.S. market.
Alexander Zdravkov
Reporter at Coindoo
Alexander Zdravkov is passionate about questions of meaning. He is a fluent German speaker as well as He has been in the crypto space for more than three years and has an eye for spotting emerging trends in the world of digital currencies. Whether providing in-depth analysis or reporting on all topics on a daily basis, his deep understanding and enthusiasm for what he does makes him a valuable addition to the team.
Source: https://coindoo.com/solana-staking-etf-launches-in-the-u-s-today-what-to-expect/