BREAKING: Solana (SOL) Surges as U.S. Nears Historic First Staking ETF Launch

Wall Street's about to get a taste of crypto yield farming—whether it understands the tech or not.

Solana rockets 18% on ETF rumors

The Layer 1 token punched through $150 as whispers spread of a SEC filing for the first-ever U.S. staking ETF—with SOL as its cornerstone asset. Traders are betting this could open the floodgates for institutional staking demand.

Staking goes mainstream (sort of)

If approved, the fund would let traditional investors collect staking rewards without touching a wallet—perfect for finance bros who still think 'blockchain' is a new Equinox class. The product reportedly uses a wrapped derivative structure to bypass regulatory headaches.

Solana cements its institutional appeal

The move signals SOL's maturation beyond DeFi degens into the realm of 'respectable' crypto assets. Though given Wall Street's track record with innovation, expect the fund to charge 2% annually for the privilege of middlemanning your staking rewards.