The debut of the first Solana staking exchange-traded fund (ETF) is set to become a landmark moment for the altcoin space, with analysts expecting billions in fresh inflows over the coming months.
According to Bloomberg’s Eric Balchunas, at least three altcoin-based ETFs are expected to hit the market on Tuesday — including Bitwise’s Solana (SOL) ETF and Canary’s Litecoin (LTC) and Hedera (HBAR) ETFs.
The U.S. Securities and Exchange Commission’s (SEC) approval of a Solana staking ETF marks what many see as a “game-changing” step for the industry. Bitget’s chief analyst Ryan Lee estimates the product could attract between $3 billion and $6 billion in its first year of trading.
“Solana could now attract between $3–$6 billion in its first year,” Lee said, noting that the ETF’s staking feature — which offers around 5% passive yield — is likely to pull in a wave of institutional investors.
How staking strengthens Solana’s appeal
By design, staking involves locking SOL tokens into the network to support its proof-of-stake (PoS) mechanism in exchange for rewards. The introduction of this yield element to an ETF gives traditional investors exposure not just to Solana’s price action, but also to its on-chain income potential — a combination rarely seen in regulated markets.
The last time crypto ETFs went live, the market saw explosive reactions. When spot Bitcoin ETFs launched in January 2024, Bitcoin regained the $50,000 level by mid-February, with ETFs accounting for roughly 75% of all new inflows at the time.
If history rhymes, Solana’s ETF could set the tone for the next phase of institutional adoption in the altcoin space.
SOL joins Bitcoin and Ethereum in the ‘big league’
With this launch, Solana now sits alongside Bitcoin and Ethereum in terms of institutional legitimacy — a symbolic and financial breakthrough for the network.
“Beyond Solana itself, this development reflects broader acceptance of yield-bearing altcoins in regulated structures,” Lee explained. “It paves the way for new liquidity to flow into DeFi, tokenized real-world assets, and diversified crypto ETF products.”
During their first year, U.S. spot Bitcoin ETFs attracted roughly $36.2 billion, while Ether ETFs reached $8.64 billion, according to SoSoValue data.
Following those precedents, analysts at JPMorgan estimate that a Solana ETF could draw $3–$6 billion in new capital, while a potential XRP ETF might attract $4–$8 billion.
If accurate, Solana’s ETF debut won’t just be another listing — it could signal the start of a new chapter where altcoins stand shoulder-to-shoulder with Bitcoin and Ethereum in the institutional arena.
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