Asset managers Bitwise and Canary have submitted amendments to their respective Solana Exchange-Traded Fund (ETF) S-1 filings with the U.S. Securities and Exchange Commission (SEC). The key update involves the incorporation of staking features within the proposed investment products.
These amendments signal a significant development in the potential offerings for Solana-based investment vehicles. Including staking functionality directly within an ETF structure highlights the growing institutional interest in capturing the yield-generating potential of blockchain networks alongside price exposure.
The move reflects the broader trend of traditional finance seeking deeper integration with cryptocurrency-native features. It underscores the evolving landscape of investment products designed to provide exposure to digital assets like Solana.