Solana Staking ETFs Could Get Approval Within Two Weeks, Says Analyst

Highlights:

• Leading asset managers filed amended S-1 documents for spot Solana ETFs on Friday.
• Analyst Nate Geraci predicts SEC approval for these Solana ETFs within two months.
• Rising institutional demand boosts Solana ETF inflows across U.S. and European markets.

A significant development is underway in the cryptocurrency ETF sector. ETF analyst Nate Geraci reported that leading asset managers, including CoinShares, Bitwise Asset Management, Grayscale Investments, VanEck, Franklin Templeton, Fidelity Investments, and Canary Capital, filed amended S-1 documents for spot Solana ETFs with the US Securities and Exchange Commission (SEC) on Friday.

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These recent filings introduce a staking feature, which enables the ETFs to generate additional yield by deploying their Solana holdings on-chain. Geraci said these filings could be approved within two months.

Another flurry of S-1 amendments filed today on spot sol ETFs…

Franklin, Fidelity, CoinShares, Bitwise, Grayscale, VanEck, & Canary.

Includes staking (yes, bodes well for spot eth ETF staking).

Guessing these are approved w/in next two weeks. pic.twitter.com/g13NDFKSEU

— Nate Geraci (@NateGeraci) September 26, 2025

The SEC is now faster at reviewing digital asset products. Asset managers at Pantera Capital recently called Solana “next in line for its institutional moment.” They noted it is still under-allocated compared to Bitcoin and Ether.

Institutional Demand Drives Solana ETF Inflows

These filings come after a rise in institutional demand for Solana products globally. Bitwise’s European Solana staking ETP gained $60 million in inflows in just one week. This was a strong market debut. In the U.S., the REX-Osprey SOL + Staking ETF (SSK) has seen steady investment. The ETF recorded $10.6 million in net inflows in a single day. It crossed the $250 million AUM mark just two months after launching.

Meanwhile, Bitwise Invest chief investment officer Hunter Horsley noted on X that Europe’s Bitwise Solana staking ETP received $60 million in inflows over the past five trading days. “Solana on people’s minds,” Horsley said. Analysts at Bitfinex added that altcoins might not experience a strong, broad rally until more crypto ETFs are approved. These ETFs would give investors exposure further down the risk curve.

$60,000,000 into the Europe Bitwise Solana Staking ETP this week —

Solana on people's minds. https://t.co/J3megoQwTO

— Hunter Horsley (@HHorsley) September 26, 2025

October Could Bring Major Crypto ETF Growth

In another post, Geraci said the next month could be important for crypto. He pointed to the recent events, which show the crypto market evolving quickly. Spot XRP and Dogecoin ETFs have launched, the SEC approved generic listing standards, and Vanguard reversed its stance on spot crypto products.

These changes point to growing institutional demand, faster approvals, and a likely wave of new crypto ETFs in October 2025. “Get ready for October,” Geraci said. The S-1 filings for spot Solana ETFs with staking by major asset managers mark a key milestone for cryptocurrency exchange-traded funds. This move could allow everyday investors access to a broader range of rewards-enabled investment opportunities.

Last 2 weeks…

First ETF offering spot xrp exposure

First ETF offering spot doge exposure

SEC approves generic listing standards

First index-based spot crypto ETF

First eth staking ETF

First hype ETF filing

Vanguard capitulates on spot crypto ETFs

Get ready for October.

— Nate Geraci (@NateGeraci) September 27, 2025

Solana is trading around $200, after losing key support at $214. The token fell sharply from last week’s highs above $240. The broader crypto market is also down, with Bitcoin and Ethereum declining, but SOL’s drop is steeper, down about 16% for the week. Profit-taking and risk-off sentiment are driving the sell-off. On-chain data shows whales moving large amounts of SOL to exchanges, adding pressure. Approval of a spot Solana ETF could potentially propel SOL to a new all-time high.

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