TLDR:
- Bitwise’s Form 8-A 12B/A amendment confirms SEC acknowledgment and NYSE approval for Solana ETF listing.
- The Staking Solana ETF allows regulated exposure to Solana’s price performance and staking rewards.
- 21Shares also received Cboe approval for its Solana ETF, signaling wider institutional acceptance.
- Pending operational clearance, the ETF could launch once government processes resume, following Bitcoin ETF precedent.
The wait for Solana-based exchange-traded funds may soon be over.
Bitwise has received approval to list its Staking Solana ETF on the New York Stock Exchange (NYSE), following its latest filing with the U.S. SEC. The approval marks another stride toward making Solana accessible to institutional investors through regulated markets.
With ETF listings from multiple issuers lining up, market participants are now watching closely for the final go-live date.
According to the Form 8-A 12B/A Amendment 1, filed with the SEC, Bitwise’s application to list the shares of its Solana Trust on the NYSE has been accepted.
The filing states that approval from NYSE Arca, Inc. has been granted, clearing a major step before trading can commence. Once live, this product will allow traditional investors to gain direct price exposure to Solana (SOL) through a fully regulated ETF.
Bitwise Solana ETF Gains SEC and NYSE Momentum
The move by Bitwise follows a wave of Solana ETF developments this quarter.
MartyParty, a well-known crypto commentator, shared that both Bitwise and 21Shares received approval to list their Solana ETFs on major U.S. exchanges. Bitwise will list on NYSE, while 21Shares will trade on Cboe Global Markets, pending any government delays.
The timing suggests that Solana’s growing adoption and market performance have drawn institutional attention.
The SEC’s acceptance of the updated filing indicates progress toward bringing Solana ETFs to market, though trading is contingent on final operational clearance. This aligns with how previous spot Bitcoin ETFs transitioned from approval to live status earlier this year.
For investors, the approval adds another gateway into the Solana ecosystem without direct token custody. It also reflects rising confidence in Solana’s blockchain after strong network performance and expanding developer activity in 2025.
Market watchers expect increased liquidity once the ETF launches, potentially impacting Solana’s spot price if inflows mirror earlier Bitcoin ETF patterns.
What NYSE Approval Means for Solana’s Market Outlook
Analysts believe the NYSE approval could bring a shift in market structure. Traditional investors may soon gain regulated access to one of the most active blockchains in the crypto space. Bitwise’s filing confirms that its trust shares are ready for listing, a requirement that precedes trading initiation.
While final approval for trading is pending, this milestone positions Solana alongside Bitcoin and Ethereum as assets with institutional-grade ETFs in the pipeline. The news comes at a time when Solana’s price has held steady near multi-month highs, with renewed trading volumes across exchanges.
The Bitwise Staking Solana ETF represents a product tailored for yield exposure, reflecting the token’s staking capabilities. This differentiates it from spot-only products, offering a hybrid structure that tracks both price and staking returns. If approved for active trading, it could mark a new phase for Solana’s adoption in traditional finance
