There is growing interest in Solana-based ETFs in the cryptocurrency market, especially following announcements regarding the launch of the first staking-enabled ETF.
Forecast for the Launch of the Solana ETF
Bloomberg analyst James Seyffart stated that the first Solana ETF with staking is likely to launch as early as this week. "Seems like this Solana Staking ETF could be going live this week," he posted on X on June 30, 2025.
REX Shares' Strategy for the ETF
REX Shares submitted its ETF application via a C corporation structure, differing from the commonly used 19b-4 registration model. Analysts believe this approach positions the REX-Osprey ETF for approval from the U.S. Securities and Exchange Commission, which appears to be moving towards greenlighting it. ETF Store president Nate Geraci expressed confidence that the regulator is comfortable with this ETF's launch.
Solana Prices and Expected ETF Impact
Solana's price increased by 2% in the past 24 hours, breaking above $155, with daily trading volume rising by 45% to $3.66 billion. The anticipated Solana ETF is expected to be the first staking-enabled cryptocurrency exchange-traded fund in the United States, potentially attracting increased investor attention.
The launch of the first Solana ETF with staking functionality could mark a significant event for the cryptocurrency market, stimulating interest and activity among investors.