Listen, interesting news from the world of crypto investments: the first exchange-traded fund (ETF) has been launched in the USA, which not only gives access to the Solana token (SOL), but also includes income from its staking. This product is called the REX-Osprey SOL + Staking ETF, and, in fact, it is the first regulated instrument in the country that combines price growth and regular returns from participation in the network. The yield, by the way, is about 8% per annum.
This is an important point: previously, such profitable strategies were mostly available only to retail investors through DeFi platforms. And now, here you are, a regulated fund in the USA. This is a big step for institutional investors: now they can legally and conveniently log into Solana with in—product returns without violating SEC rules.
What is especially interesting here is that the ETF is not built exactly like a classic fund, like those made by BlackRock. This is a hybrid between an American legal shell and an offshore structure, through which staking takes place. This scheme was chosen to meet the requirements of the SEC, which hinted in May that it would allow staking within the framework of an ETF. And here is the first implementation.
Technically, it includes not only direct ownership of SOL, but also investments in existing funds from Canada and Europe that hold Solana. That is, in fact, it is a "fund of funds", and even with a working income mechanism inside the blockchain.
After the news, the Solana token even rose slightly to $160, but then adjusted. Anyway, this is not just a short—term hype, but perhaps the beginning of a new chapter. Experts believe that this can attract big money to altcoins, because now there are legal tools that go beyond bitcoin and ether.
This is also an important point for Solana: it is increasingly seen not as a speculative coin, but as an infrastructure with fast transactions, low fees and active development in DeFi, NFT, payments and even tokenization of real assets (RWA). ETFs with yields based on this network are a powerful signal for institutional players.
And now I'm thinking: if Solana has opened the way for such products, who's next? XRP? Avalanche? Or Ethereum with allowed staking in a similar model?
Do you think the market is ready for a large-scale influx of institutional money into altcoins through such ETFs?