Breaking: 7 Major Firms Bet Big on Solana with Spot ETF Filings—Staking Included

Wall Street''s latest crypto crush? Solana. Seven heavyweight financial firms just dropped S-1 filings for spot Solana ETFs—and they''re all packing staking rewards.

Why it matters: This isn''t just another crypto ETF. The inclusion of staking turns these funds into yield-generating machines, a first for major exchange-traded products. Traders get exposure to SOL''s price action plus passive income—assuming the SEC doesn''t throw a wrench in the works.

The players: While the filings don''t name names, industry insiders suspect the usual ETF suspects—BlackRock, Fidelity, and Ark Invest among them. All seven applications hit the SEC''s desk within 24 hours, suggesting coordinated action.

Regulatory roulette: The SEC''s track record suggests these filings face an uphill battle. But with Bitcoin and Ethereum ETFs now trading, regulators might be running out of reasons to say no. That is, unless they invent new ones—their specialty.

Bottom line: The institutional crypto land grab continues. Whether these ETFs get approved or not, one thing''s clear—traditional finance isn''t just dipping toes in crypto waters anymore. They''re diving in headfirst, inflatable armbands be damned.