#SECETFApproval
REX‑Osprey Sol + Staking ETF (SSK) began trading in early July 2025 under the Investment Company Act of 1940, making it the first U.S. Solana ETF. It offers both price exposure and staking yield (~7.3% APY), and saw nearly $20 million in volume on day one .
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⏳ Spot Solana ETF – In Review & Accelerating
The SEC has requested all spot Solana ETF issuers to amend and resubmit their S‑1 filings by end of July 2025 .
While the official deadline for approval or denial is October 10, 2025, the SEC appears poised to expedite reviews—some expect decisions before October .
Firms in the race include Fidelity, Grayscale, VanEck, 21Shares, Bitwise, Canary Capital, Franklin Templeton, and others .
Analysts like Bloomberg’s James Seyffart and Eric Balchunas estimate roughly a 95% probability of U.S. spot Solana ETF approval sometime in late 2025 .
Key considerations now include investor protection, custody, and staking mechanics—SEC guidance on disclosures aims to streamline approvals .
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⚠️ What This Means for Investors
✅ Staking ETF (SSK) is live, offering regulated SOL exposure + yield via brokerage accounts.
⏳ Spot ETF applications are in the final stages; expect filings resubmitted by end July, and possible approval well ahead of the October deadline.
