Seven major investment firms have submitted regulatory filings for Solana spot exchange-traded funds (ETFs) that include integrated staking capabilities for the underlying cryptocurrency assets.
Fidelity Investments recently filed its initial S-1 registration statement with the U.S. Securities and Exchange Commission for a spot Solana ETF product. Concurrently, VanEck, 21Shares, Franklin Templeton, Grayscale Investments, Bitwise Investments, and Canary Capital submitted amendments to their existing S-1 filings for Solana spot ETFs.
All filings specify that the proposed ETFs will incorporate mechanisms to stake Solana (SOL) tokens as part of their operational framework. This unified approach represents a significant industry push toward yield-generating cryptocurrency investment vehicles beyond Bitcoin and Ethereum counterparts.
The coordinated submissions highlight institutional efforts to leverage blockchain-native features like proof-of-stake consensus mechanisms directly within regulated financial products. Regulatory clarity regarding these staking-integrated structures remains pending with the SEC.