TL;DR
- Solana will have its first spot ETF in the U.S. this week, which will include staking services and pay periodic rewards to fund investors.
- The ETF, created by Rex-Osprey, will debut on July 2. The confirmation pushed SOL up 4.5% on the day and 18% over the past two weeks.
- The approval opens the door for new ETFs with staking. BlackRock is already negotiating with the SEC to add this feature to its upcoming ETH ETF.
Solana is set to debut its first spot ETF in the United States this week. The fund, created by Rex-Osprey, will offer staking services, allowing investors to earn periodic rewards directly through their participation in the ETF.
The official announcement confirmed that the ETF will begin trading on July 2. Following the news, Solana (SOL) rose 4.5% on the day and surpassed $157. Over the past three months, the token has gained 18%, largely driven by the anticipation surrounding the launch of this long-awaited financial product.
The green light came after months of regulatory procedures. In a recent SEC statement, the agency declared it had no further objections regarding the REX Shares filing. This move sets a key precedent for other exchange-traded funds looking to incorporate staking services into their portfolios. BlackRock, for instance, has already discussed with regulators the possibility of adding this feature to a future Ethereum ETF — a plan that could gain momentum following the launch of this SOL product.
Growth Extends Across the Solana Ecosystem
The announcement also boosted other projects within the Solana ecosystem. Liquid staking and MEV optimization protocol Jito rose 5.7% on the day and 19% over the past seven days. It’s a clear sign that institutional announcements increasingly influence the price performance of blockchain assets.
The ETF’s debut coincides with an update from Robinhood, which confirmed it will allow U.S. users to stake SOL directly through its app. This seeks to meet growing demand for products combining passive income opportunities with exposure to crypto markets and digital assets. Regulations are starting to adapt to these new investment models, and companies are moving quickly to attract new capital.
Solana (SOL) remains 45% below its all-time high of $290, reached in January during the $TRUMP memecoin frenzy. The creation of this ETF could help narrow that gap if it sustains demand from institutional and retail investors. The arrival of hybrid financial instruments bridging traditional finance and crypto is no longer theoretical — it’s here to stay.
