On July 9, 2025, the U.S. Securities and Exchange Commission (SEC) is accelerating the approval process for spot Solana (SOL) exchange-traded funds (ETFs). This could lead to approvals before the October 10 deadline. The SEC's actions signal a shift in the cryptocurrency investment landscape.
The REX-Osprey Solana and Staking ETF (SSK), which began trading on July 2, 2025, is the first U.S. ETF to offer exposure to Solana's price movements and staking rewards. In June 2025, the SEC requested issuers to update their filings to include staking details.
As of July 9, 2025, Solana (SOL) is trading at $151.10, with a 24-hour change of +$2.49 (1.68%). Trump Media & Technology Group filed with the SEC on July 8, 2025, to launch the "Crypto Blue Chip ETF," which will invest in major cryptocurrencies, including Solana.