Markets

Invesco & Cboe BZX File for Regulated Solana ETF With Built-In Staking Rewards

The Cboe BZX Exchange has filed a major proposal with the U.S. Securities and Exchange Commission (SEC) to list the Invesco Galaxy Solana ETF, featuring spot SOL access plus staking rewards. If approved, this would be the first U.S. ETF offering regulated Solana exposure combined with passive yield—marking a pivotal step toward altcoin ETF evolution. It's seen as a strategic next wave following Bitcoin and Ethereum ETF approvals in 2024.

CoinccinoCoinccino
Jul 31, 2025 - 11:17
Invesco & Cboe BZX File for Regulated Solana ETF With Built-In Staking Rewards

ETF Design & Structural Highlights

  • Fund Structure:
    Operates as a grantor trust under Cboe Rule 14.11(e)(4), similar to approved Bitcoin and Ethereum ETFs, avoiding registration under the Investment Company Act.
  • Asset Handling & Stake Logic:
    Solana tokens will be held in segregated cold wallets. A portion will be staked with trusted validators, with staking rewards treated as income to the trust.
  • Reference Rate & Liquidity:
    The ETF uses the Lukka Prime Solana Reference Rate, updated every 15 seconds from major exchanges like Binance, Coinbase, Kraken, and OKX.

Why This Matters Across Regions

Region Strategic Implication
U.S. Enables investors to access SOL with yield in a regulated ETF wrapper. Encourages institutional involvement in altcoins.
UAE Provides sovereign and private funds with formal Solana exposure and passive income possibilities within compliant frameworks.
India Offers Indian family offices and high-net-worth individuals a regulated Solana investment path beyond offshore exchanges.

 

Coinccino Take

This filing represents a next-generation shift: an ETF combining regulated altcoin exposure with staking yield. Solana’s high liquidity and its resistance to manipulation—a point highlighted in the filing—position it as a credible candidate for ETF inclusion. The move opens the doors for altcoin investment options previously unavailable through traditional channels.

Tags:

Previous Article

SEC Delays Decision on Staking Feature for Invesco Galaxy ETH ETF — What’s Next?

Next Article

U.S. Strategic Bitcoin Reserve Still in Motion — Bo Hines Confirms Despite Repor...

Coinccino
Coinccino

Related Posts

Crypto Hacks in 2025 Exceed $2.1B as Social Engineering Overtakes Smart Contract Exploits

Crypto Hacks in 2025 Exceed $2.1B as Social Engineering...

Coinccino Jun 4, 2025

Ripple’s XRP Surges as ETF Approvals Spark Whale Accumulation

Ripple’s XRP Surges as ETF Approvals Spark Whale Accumu...

Coinccino Jun 28, 2025

Strategy (MicroStrategy) Reports $14 B in Bitcoin Gains, Halts Weekly Buying Streak

Strategy (MicroStrategy) Reports $14 B in Bitcoin Gains...

Coinccino Jul 8, 2025