Solana’s Institutional Momentum: How the First U.S. Staked ETF Fueled a 7% Rally

Solana (SOL) experienced a significant 7% price surge to $161 following the announcement of the first U.S.-listed Solana staked ETF by Rex Shares in collaboration with Osprey Funds. This development not only triggered $9 million in short liquidations but also highlighted growing institutional interest in Solana's ecosystem. The innovative REX-Osprey ETF combines SOL price exposure with on-chain staking rewards, offering a new avenue for crypto investments. As of July 2, 2025, SOL has stabilized at $157, maintaining a 4% gain over 24 hours, signaling strong market confidence. This milestone could pave the way for broader adoption of Solana-based financial products, reinforcing its position in the competitive blockchain space.

Solana Staked ETF Launch Sparks 7% Rally as Institutional Interest Grows

Solana (SOL) surged 7% to $161 following Rex Shares' announcement of the first U.S.-listed solana staked ETF, a collaborative effort with Osprey Funds. The rally triggered $9 million in short liquidations before settling at $157, maintaining a 4% gain over 24 hours.

The REX-Osprey ETF introduces a novel structure by combining SOL price exposure with on-chain staking rewards, potentially reshaping crypto investment products. Market analysts highlight $159-$167 as a critical resistance zone, with a breakout potentially propelling SOL toward $180-$200 targets.

Institutional adoption remains uncertain—existing Solana trust products have seen limited inflows. The ETF's Wednesday debut will test whether traditional investors embrace staking-enhanced crypto exposure during what analysts call "crypto summer."

First-Ever Solana ETF Debuts: How It Impacts the Market

The first U.S. Solana staking ETF, introduced by REX-Osprey, is set to launch on July 2, marking a pivotal moment for cryptocurrency investment. This ETF allows investors to gain exposure to Solana (SOL) while earning staking rewards, eliminating the need for direct blockchain participation. Institutional interest is surging, with Bloomberg analysts assigning a 95% approval probability for a spot Solana ETF—a potential catalyst for broader adoption.

Solana's price rallied to $159 ahead of the announcement before stabilizing NEAR $151. Trading volume spiked 70% to $4.79 billion, reflecting heightened market activity. Analysts speculate whether this development could propel SOL past $200, as altcoin ETFs gain traction. "This could redefine institutional access to crypto yield," noted Eric Balchunas, highlighting Solana's leadership in this emerging market segment.

SEC Explores Streamlined Approval Process for Crypto ETFs

The U.S. Securities and Exchange Commission is drafting a new framework that could revolutionize crypto ETF approvals. By potentially eliminating the 19b-4 filing requirement, the regulator aims to create a faster path to market for digital asset investment products.

Under the proposed system, crypto ETFs WOULD only need to complete Form S-1 registration and undergo a 75-day review period. This shift comes as the SEC demonstrates growing receptiveness to crypto products, evidenced by its recent approval of a Solana spot ETF with staking capabilities.

The simplified process could trigger a wave of new entrants in the crypto ETF space. Asset managers previously deterred by complex filing requirements may now find the landscape more accessible, potentially accelerating institutional adoption of digital assets.

Solana Slides Below $146 Ahead of Historic U.S. Staking ETF Launch

Solana's native token SOL tumbled 7.84% to $145.08 amid broad market stability, with the CoinDesk 20 index dipping just 0.24%. The selloff precedes tomorrow's landmark listing of the REX-Osprey SOL + Staking ETF - the first U.S. fund combining direct SOL exposure with staking rewards.

The ETF's 1940 Act structure signals regulatory maturity, allocating 80% to SOL with half actively staked. Market observers view this as a watershed moment for institutional adoption, blending price appreciation with yield generation in a single wrapper.