Wall Street Bets Big: Solana Staking ETF Rakes in $12M on Day One
Solana's institutional moment arrives—with a $12 million bang.
Wall Street finally gets a taste of crypto yield.
The debut Solana Staking ETF just vacuumed up $12 million in its first trading day, proving even traditional finance can't resist blockchain's passive income allure. Who needs savings accounts when you can stake?
Behind the numbers: This isn't your grandma's index fund. The ETF packages Solana's 5-7% staking rewards into a neat institutional wrapper—complete with all the regulatory hand-holding Wall Street requires. TradFi meets DeFi, with paperwork.
The cynical take: Nothing gets dollars flowing like putting 'blockchain' in a prospectus. But with Solana outperforming 90% of tech stocks this year, maybe the suits finally learned something from degens.
One thing's clear—when crypto yields go mainstream, money follows. Even if it arrives in loafers.
