Solana ETFs to attract $6B in first year as SOL joins the ‘big league’
The launch of the first Solana staking ETF is expected to attract $3 billion to $6 billion in new capital within its first year.Summary
The approval of the first Solana staking Exchange-Traded Fund (ETF) is considered a "transformative" milestone, potentially attracting between $3 billion and $6 billion in new capital to Solana within the first year, according to Bitget analyst Ryan Lee. This ETF includes a staking feature, offering holders an additional 5% passive income, which is expected to draw institutional capital into the broader altcoin sector. Bloomberg analyst Eric Balchunas noted that at least three altcoin ETFs, including Bitwise’s SOL ETF, are expected to launch soon. This move signals broader acceptance of altcoins in compliant, yield-generating structures, potentially boosting institutional adoption in areas like DeFi and real-world asset tokenization. JPMorgan also predicted similar figures, estimating a Solana ETF could attract $3 billion to $6 billion, based on the adoption rates seen by Bitcoin and Ether ETFs.
(Source：Cointelegraph)