Solana Rises on Rumors of First U.S. SOL Staking ETF Launch This Week

Solana (SOL) surged over 5% early Monday, briefly touching $157, fueled by speculation that a SOL Staking ETF could hit the market as early as Wednesday. The rally followed a post by automated news bot “Unfolded” on X (formerly Twitter), sparking investor optimism.

Rex Shares and Osprey Funds are reportedly behind the ETF, officially named the “REX-Osprey SOL+Staking ETF.” A spokesperson from Osprey confirmed to CoinDesk that the fund is scheduled to launch Wednesday, marking what could be the first Solana staking ETF in the U.S. market.

Last week, Rex Shares submitted a letter to the U.S. Securities and Exchange Commission (SEC) inquiring whether all regulatory comments had been addressed. On the same day, the firm tweeted that the ETF was “coming soon,” suggesting a green light from regulators.

Solana was trading around $157, up approximately 2.3% in the past 24 hours. While the token pulled back slightly from its morning highs, momentum remains strong amid ETF excitement.

If launched, the SOL+Staking ETF would represent a significant milestone in crypto-based investment products, especially as demand grows for staking-enabled ETFs. Currently, no spot Solana ETFs have been approved in the U.S., though several firms have pending applications, most of which are expected to include staking features.

The move could attract both institutional and retail investors seeking regulated exposure to Solana and its staking rewards, adding further credibility to the Layer 1 blockchain.

With ETF approval trends picking up pace, the REX-Osprey product could open the door for more staking-based crypto ETFs in the near future. Investors and market watchers are now eyeing Wednesday for a potential turning point.