Solana Gains Institutional Traction as WisdomTree Lists Physically Backed ETP on Nasdaq Stockholm

In a significant development for the cryptocurrency market, WisdomTree has listed a physically backed Solana (SOL) exchange-traded product (ETP) on Nasdaq Stockholm. This marks WisdomTree''s debut on the Swedish exchange and highlights the growing institutional interest in Solana. The move comes amid strong momentum in the crypto ETP space, with Nasdaq European Markets emphasizing its commitment to supporting market growth. This listing provides investors with a regulated way to gain exposure to Solana''s price movements without directly holding the asset, potentially broadening its appeal to traditional finance participants. As of June 2025, this development could further validate Solana''s position as a leading blockchain platform and may contribute to increased liquidity and price stability for SOL in the long term.

WisdomTree Lists Solana-Backed ETP on Nasdaq Stockholm

Nasdaq Stockholm has expanded its exchange-traded product offerings with the addition of WisdomTree as a new provider. The asset manager debuted a physically backed crypto ETP tracking Solana, marking its first listing on the Swedish exchange.

"This reflects the strong momentum in the ETP space and reinforces our commitment to supporting market growth," said Helena Wedin, Head of ETF & ETP at Nasdaq European Markets. WisdomTree brings over $120 billion in assets under management to the Nordic market.

Björn Sandberg, WisdomTree''s Nordics Sales Director, noted growing institutional demand for digital asset exposure in Sweden. "Our goal is to provide investors with tools to participate in this emerging asset class with confidence," he said. The listing signals increasing mainstream acceptance of crypto investment vehicles in regulated European markets.

SEC Halts $1B Solana Investment Plan Due to Compliance Shortfall

The U.S. Securities and Exchange Commission blocked DeFi Development Corp''s $1 billion registration filing targeting solana investments, citing a missing internal controls report. The filing, initially submitted in April 2025, sought to emulate Bitcoin-style accumulation strategies through SOL token purchases and staking rewards.

Solana''s prominence as the sixth-largest cryptocurrency and its DeFi ecosystem growth made it the focal point of the proposal. Despite the withdrawal, the company maintains its commitment to refiling after addressing regulatory requirements. No securities were issued during the aborted process.

The episode underscores tightening scrutiny of crypto investment vehicles while highlighting institutional interest in Solana''s staking yield potential. Market observers note the parallel to Bitcoin trust structures, now facing higher compliance barriers for altcoin adaptations.

Solana ETF Speculation Grows as Market Enters Cooling Phase

Solana (SOL) is showing signs of renewed momentum after weeks of stagnation, climbing over 5% in the past week. Traders are eyeing a potential retest of its all-time high as the cryptocurrency holds steady above $165. Market analyst Burak Kesici notes that Solana''s spot and futures markets have entered a ''cooling'' phase, as visualized by CryptoQuant''s Bubble Maps. This neutral territory often precedes strategic accumulation by institutional players.

The cooling phase, typically associated with a slowdown, may instead signal quiet accumulation ahead of a larger move. Meanwhile, Bloomberg analyst Eric Balchunas has sparked speculation about a potential Solana ETF, suggesting it could lead an ''altcoin ETF summer.'' The combination of technical resilience and growing institutional interest is fueling bullish sentiment around SOL.

Moody’s Leverages Solana for Credit Rating Tokenization Pilot

Moody''s has deployed Solana''s blockchain to tokenize credit ratings for traditional securities, marking a strategic convergence of legacy finance and distributed ledger technology. The experiment focused on municipal bonds, exploiting Solana''s throughput advantages to embed real-time rating data into tokenized assets.

Blockchain-native transparency could revolutionize credit assessment timelines while reducing operational friction. Moody''s adoption signals institutional validation for both tokenization models and Solana''s technical merits—notably its subsecond finality and cost efficiency compared to traditional settlement systems.

The initiative reflects broader momentum in regulated asset digitization, with public blockchains increasingly viewed as infrastructure for financial instrument innovation. Solana''s selection over competing networks underscores its growing reputation as an institutional-grade platform for capital markets applications.