Solana ETF Momentum Builds as Cboe Joins VanEck and 21Shares in SEC Filings

In a landmark move for institutional crypto adoption, Cboe BZX Exchange has filed with the SEC to list the Invesco Galaxy Solana ETF, featuring an innovative staking component. This development comes alongside competing proposals from VanEck and 21Shares, collectively signaling strong institutional demand for regulated Solana exposure. The proposed fund structure would hold SOL tokens directly while implementing a staking mechanism—a first among U.S.-listed crypto ETFs—to generate validator rewards as additional yield. This trio of filings represents a significant maturation point for Solana's institutional accessibility, potentially opening new capital inflows as the SEC evaluates these groundbreaking products. Market analysts suggest these developments could catalyze SOL's price discovery mechanism, with some projections indicating a 2-3x upside potential from current levels if approval is granted. The staking feature particularly differentiates these products from existing Bitcoin ETFs, offering institutional investors both price exposure and yield generation—a combination that could redefine crypto investment frameworks. As of August 2025, the crypto community awaits regulatory clarity, with many viewing these filings as test cases for broader altcoin ETF approvals beyond just Ethereum.

Cboe Files for Solana ETF with Staking Feature as Institutional Demand Grows

Cboe BZX Exchange has formally requested SEC approval to list the Invesco Galaxy solana ETF, marking a significant push for regulated Solana exposure. The proposed fund would hold SOL directly while incorporating a staking mechanism—a first for U.S.-listed crypto ETFs—generating additional yield through validator rewards.

The filing follows similar Solana ETF proposals from VanEck and 21Shares, signaling accelerating institutional interest in Layer 1 blockchains beyond bitcoin and Ethereum. Invesco and Galaxy Digital's collaboration reflects asset managers' growing sophistication in packaging alternative crypto assets for traditional investors.

Solana's inclusion in the ETF spotlight underscores its position as a leading smart contract platform, with its staking yield mechanism now becoming accessible through regulated vehicles. This development could further legitimize SOL among institutional portfolios while expanding the crypto ETF ecosystem.

REX Shares' Solana ETF to Distribute $618K in First Staking-Based Dividend

REX Shares' REX-Osprey SOL + Staking ETF (SSK) will make its first monthly distribution on August 1, paying $0.12169 per share and passing through 100% of staking rewards. The inaugural payout totals approximately $618,000, marking the first time a US-listed ETF has distributed crypto staking rewards to shareholders.

The fund’s assets are actively staked, with distributions occurring monthly. This formalizes SSK’s design as a yield-bearing Solana vehicle in a regulated wrapper, translating protocol rewards into cash flows akin to traditional ETF distributions.

Future payouts will vary based on staking yields, portfolio positioning, and fund mechanics. Launched on July 2, SSK amassed $135.3 million in net inflows within just 12 trading days, offering investors exposure to SOL’s market price and protocol yield.

Unlike standard SEC-registered spot ETFs, SSK does not hold Solana directly but delivers exposure through other vehicles. The fund’s multi-line portfolio is anchored by strategic positions, reflecting growing institutional interest in crypto yield products.

Solana Price Prediction: Institutional Accumulation Sparks $300+ Target Speculation

Solana's market structure faces a critical test at the $170–$175 support zone as institutional players double down on bullish bets. DeFi Dev Corp has added 181,000 SOL ($218M+) to its holdings at an average $155.33 entry price, marking its second consecutive week of double-digit SOL-per-share growth.

Technical analysts observe a clean breakout above $200 with no overhead resistance, forming a stair-step continuation pattern. The absence of sell-side pressure between current levels and $300 suggests accumulation by sophisticated investors may precede a parabolic move.

Solana and Mutuum Finance Emerge as High-Yield Crypto Plays for 2025

Solana's ecosystem is attracting stakers with Exceed Finance's 40% APY Super Staking product, leveraging the blockchain's speed and low fees. The protocol enhances yields through algorithmic liquidity redistribution across DeFi sources.

Mutuum Finance disrupts with a claimed 5600% ROI from decentralized margin trading—a figure that, while extraordinary, reflects the risk-reward calculus of innovative DeFi models. Both projects exemplify the sector's maturation beyond simple tokenomics into structured yield engineering.