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SEC Greenlights Landmark Solana Staking ETF – A First for Crypto Markets

SEC Greenlights Landmark Solana Staking ETF – A First for Crypto Markets

Author:
Blockworks
Published:
2025-07-01 06:00:16
15
3

SEC clears way for first Solana staking ETF

Wall Street's gates creak open for Solana.

The SEC just handed crypto bulls a win—approving the first-ever ETF for staking Solana (SOL) tokens. No more begging pension funds to ape into DeFi protocols. Now they can buy a regulated wrapper instead.

Why this matters:

• Institutional money meets proof-of-stake yields
• Solana joins Bitcoin and Ethereum in the ETF big leagues
• Another brick knocked out of TradFi's walled garden

Expect fireworks when this launches. SOL prices already popped 18% on the rumor—now comes the real FOMO. Though let's be honest: the same suits who called crypto a scam last year will now sell it to your grandma as a 'yield-bearing alternative asset.'

Funny how regulators move at blockchain speed... when Wall Street stands to make fees.

|Square

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