📌 Latest Developments Impacting Solana

✅ Launch of the first U.S. Staking ETF

The REX‑Osprey Solana + Staking ETF (SSK) began trading in late June, drawing around $12M in inflows on its first day and offering ~7% staking yield .

This is the first U.S.-listed vehicle that combines SOL exposure with yield—attracting institutional and retail attention .

🎯 ETF Approval Timeline Heats Up

SEC asked major issuers (Grayscale, Fidelity, VanEck, etc.) to revise S‑1 Solana ETF filings by end of July, signaling a possible fast‑track ahead of the October deadline .

Odds of a spot Solana ETF getting approval this year have climbed into the 90%+ range, with Bloomberg and others citing 91–95% chances .

SEC accepted amended ETF filings on June 13, but remains cautious, though progress is being made .