Recent regulatory filings show that Invesco and Galaxy Digital plan to launch the Solana ETF to give investors a new way to invest in and earn returns from Solana. The ETF plans to hold real $SOL tokens and also allow staking, which means investors may receive passive rewards.

If the SEC approves this fund, it will be the first Solana-based ETF in the U.S. with direct exposure and built-in yield.

What Is the Solana ETF?

The Solana ETF is a new investment fund that tracks the price of Solana (SOL). Unlike other ETFs that use futures or contracts, this fund will hold real $SOL tokens. It will also stake those tokens. That means the ETF will lock $SOL into the Solana network to help secure it. In return, it will earn rewards, which the fund will pass to its investors.

The fund will use Coinbase Custody to store $SOL securely. Invesco will act as the sponsor, and Galaxy Digital will manage operations. Both companies already run other crypto products, including a Bitcoin ETF.

Why This ETF Could Matter

The Solana ETF combines two features that many investors want:

  • Direct ownership of $SOL

  • Passive income through staking

This setup makes it easier for people to invest in Solana without needing a crypto wallet or understanding how staking works. It also gives institutions a regulated way to access $SOL through their usual brokers.

Bloomberg ETF analyst James Seyffart shared on X, after multiple Solana ETF filings:

“I think there needs to be a back‑and‑forth with the SEC and issuers to iron out details, so I doubt it. If anyone remembers the Bitcoin ETF launch, there were A LOT of filings over the preceding couple of months before launch.”

Other ETFs in the Race

Several firms are competing to launch a Solana ETF. These include:

Issuer Staking SEC Status Invesco & Galaxy Yes Under review Grayscale Yes Review extended to Oct 2025 VanEck, Bitwise Yes Pending

The SEC recently delayed Grayscale’s ETF filing to October 10, 2025. That gives Invesco a chance to move first.

Eric Balchunas, Senior ETF Analyst at Bloomberg, shared that the surge in Solana ETF filings reflects serious interest:

“Get ready for a potential altcoin ETF summer with Solana likely leading the way.” 

What This Means for Solana and Investors

If the SEC approves the ETF, demand for $SOL may grow. This could push up the token’s price. Also, since the fund stakes $SOL, it adds long-term value. Investors get two benefits: possible price growth and daily staking rewards.

Bitwise CIO Matt Hougan said,

“Spot crypto ETFs offer trust and access. Staking makes them even more useful.”

$SOL currently trades around $150. Many traders believe approval of the ETF could drive the price past $200. Staking rewards are also a big draw, with Solana offering returns between 6% and 8% per year.

Solana ETFSOL Price Forecast Shows Bullish Momentum If ETF Gets the Green Light

Conclusion

Based on the latest research, Solana ETF has the potential to reshape how investors access and benefit from the Solana ecosystem. By combining direct token exposure with staking rewards, it offers a regulated and straightforward path for both retail and institutional investors.

If approved, it may set a new benchmark for future crypto ETFs and open the door for broader adoption of blockchain-based assets through traditional finance.

To get more detailed insights into the world of cryptocurrencies, check out our latest articles.

Summary

The Solana ETF by Invesco and Galaxy aims to offer direct access to Solana with added staking rewards, making it easier for everyday investors to benefit from crypto without handling wallets. With SEC approval pending, the ETF could become a game-changer by combining price exposure and passive income. If launched, it may boost $SOL’s visibility, attract fresh capital, and set a new model for future crypto investment products.

FAQs

What is the Solana ETF?

It’s an exchange-traded fund that will hold real Solana (SOL) tokens and allow staking.

Who is behind it?

Invesco and Galaxy Digital. Coinbase Custody will store the SOL tokens.

Is it approved yet?

No. The SEC is still reviewing the filing. A decision is expected later in 2025.

What makes this ETF different?

It offers both direct SOL exposure and staking rewards.

Glossary

SOL (Solana): A digital token used for payments and staking on the Solana blockchain

Staking: Locking tokens to support a network and earn rewards

ETF: A fund that tracks the value of an asset and trades on stock exchanges

Custodian: A company that stores crypto securely for investors

References

Decrypt

Bitwise 

Cointelegraph

Fortune Crypto

Coinspress

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