CoinShares submitted its application for a Solana Staking ETF on Nasdaq, competing with major firms like BlackRock and Fidelity. This ETF aims to hold and stake SOL assets, anticipating yields between 7-8%, yet it faces risks with liquidity and redemption timings.
Other firms like Rex-Osprey have successfully launched Solana ETFs, reaching $137 million in assets. Despite potential growth in institutional interest, some analysts believe staking may not drastically boost demand for Solana ETFs, which currently hold 8.7% of Ethereum ETF assets.
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