A crowd of heavyweight asset managers just resubmitted Solana ETF application, And this time they’re making room for staking. Bitise, Vaneck, Grayscale, Fidelity, 21shares, Franklin Templeton, and Canary Capital have all removed the updated S-1 forms in their SEC inbox. The message is clear. If the SEC gives Greenlight, Solana ETF approval can introduce revenue-generating rewards for traditional crypto investments.
What has changed?
The SEC gave feedback and the publisher responded quickly. On June 13th, a wave of revised filings was caught up in the wake of the 13th. How to adjust the keys? A better explanation of how redemptions work and how particularly notable compensation is processed within the fund.
New: Fidelity Files S-1 from Solana ETF pic.twitter.com/xunexvdibu
-Degen News (@degenerateNews) June 13, 2025
This is important as it adds a layer of income generation that traditional ETFs don’t have. It’s not just riding on the ups and downs of Sol’s prices. You can earn rewards along the way. It’s a big change and the SEC appears to be weighing it carefully.
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So… what’s wrong Staking?
If you’re not used to this, staking is basically like earning interest. Lock your Sol Token to support your network and receive payments in return. Most crypto holders can bet directly. But are you doing that through ETFs? It’s a new realm.
In previous applications, the SEC has been enthusiastic about staking. The Ethereum ETF suggestion had to drop the idea completely to go anywhere. But now these Solana submissions have brought it back to the table and the SEC has not closed it. That alone is a sign that something may be changing within the agency.
Can I see the approval right away?
It’s beginning to look like yes. Several sources believe the SEC is moving rapidly behind the scenes. Once these updates are reviewed, a decision could be made as early as July. This will allow Solana ETF to play a few weeks from now.
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Bloomberg analysts James Seyfert and Eric Balknath think the odds are strong, especially as Solana Futures already trades on CME. That precedent helps to make a claim to spot products.
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ETF races are on
This is not a one-player game. All major companies I think Something I’ll chase a piece of the Solana ETF market. Grayscale wants to convert existing Sol Trust. others, Like Bitwise and Vanek are Go fresh boot. The SEC decision could result in a domino effect. In the Domino effect, everyone scrambles and lists the version first.
🚨latest: Franklin Templeton (@fti_us) I submitted an updated version of that spot @solana ETF S-1 application.
(Franklin Templeton has more than $1.58 trillion in assets under management). pic.twitter.com/smtbxde5ao
– solanafloor (@solanafloor) June 13, 2025
These aren’t just stores that come from code. Traditional powers are now all in-line with ETF races. This is an indication that Solana is being taken more seriously by Wall Street.
What investors should pay attention to
Solana’s prices have increased by 3% after news of revised applications, indicating that traders are paying attention. If staking is included in the final approval, demand may exceed. Due to this type of yield feature, these ETFs are more attractive than plain vanilla trackers.
but If SEC drags your foot I’ll come back more Limitations, that excitement can be Quick cool off.
Conclusion
Solana ETF candidates are pushing for a new variety of products that combine price exposures with staking rewards. If the SEC signed off, we could see an all-new class of crypto ETFs appearing on the market this summer. it is big Steps not only for Solana but also for the way Crypto Fits traditional investment strategies. Next few weeks I’m going It’s worth watching.
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Key takeout
Top Asset Managers have revised Solana ETF filings to accommodate SEC feedback on redemption and fund structure, including potential staking fees.
Staking allows ETFs to generate income beyond price tracking, offering investors a new way to acquire yields within regulated investment vehicles.
This is a major test for the SEC, which previously pushed back staking on Ethereum ETF proposals, but has not rejected Solana’s revised application.
Bloomberg analysts estimate the 90% chance of approval, particularly at Solana Futures, which is already active in CME.
If approved, the staking-enabled Solana ETF will restructure the market and attract both crypto-born investors and traditional investors in search of yield.
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