Regulatory Updates - U.S Treasury and IRS issued Revenue Procedure 2025-31, establishing a tax safe harbor for crypto ETPs and trusts to stake digital assets [1] Crypto ETFs and Staking - The new procedure allows crypto exchange-traded products (ETPs) and trusts to stake digital assets and distribute staking rewards [1]

U.S. TREASURY GIVES GREEN LIGHT FOR CRYPTO ETFS TO STAKE — DETAILS…- The U.S. Treasury and IRS have unveiled Revenue Procedure 2025-31, establishing a tax safe harbor that allows crypto exchange-traded products (ETPs) and trusts to stake digital assets and distribute staking rewards — without triggering corporate tax treatment.- For years, the lack of clear tax rules stopped institutional funds from joining proof-of-stake (PoS) networks. This move removes that roadblock.A Turning Point for Institutional Cry ...

🇺🇸 The US just opened the door for crypto ETFs and trusts to earn staking rewards.New IRS guidance gives exchange-traded products a clear path to stake digital assets. https://t.co/HX6lXXOQLU ...

LATEST: 📊 45% of ETF investors plan to purchase crypto ETFs, according to a new study from Schwab Asset Management, with Millennials leading the charge at 57% interested and Boomers trailing behind with just 15%. https://t.co/EQkZtli8Yu ...

Could this be the model for all future crypto ETFs?https://t.co/xegoFLVPCQ ...

Solana foundation. Photo by BeInCrypto The Solana ETF hit US markets today, and it proved immensely successful. Bitwise's product saw $56 million in day-one trading volume, making a larger splash than 850+ ETFs launched in 2025. However, SOL's actual token price has actually declined today due to other factors. Although the upcoming altcoin ETFs may become lucrative investment opportunities, underlying market trends still look bearish. Solana ETF Goes Live The prospect of a Solana ETF has stirred marke ...

New crypto ETFs tracking Litecoin, Hedera and Solana generate $65 million in day-one trading volume https://t.co/GTUObgHIDZ ...

Group 1 - The launch of Bitwise's staked Solana ETF, BSOL, on the New York Stock Exchange generated $220 million in trading within its first few hours, marking a significant start for crypto ETFs [1] - There are currently around 155 crypto ETF applications pending approval from the Securities and Exchange Commission, with Solana and Bitcoin leading with 23 filings each [2] - Market analysts anticipate over 200 new crypto ETFs to be launched in the next 12 months, reflecting a growing interest in the crypto ETF market [2] Group 2 - Under the Trump administration, the SEC has approved crypto ETFs at a rapid pace, contrasting with the previous administration's more restrictive approach [3] - Bitcoin and Ethereum ETFs launched in 2024 have collectively attracted over $100 billion in assets, indicating strong market demand [3] - The BSOL ETF is the first Solana ETF registered under the Securities Act of 1933, which offers stronger investor protections and better market access compared to previous products [4] Group 3 - Other crypto ETFs, such as DOJE and XRPR, have been structured under the 40-Act ETFs, which allows for quicker launches but comes with more marketing restrictions [5] - Additional crypto ETFs for Litecoin and Hedera Hashgraph (HBAR) also began trading under the '33 Act, expanding the variety of available crypto ETFs [6] - HBAR generated $4 million in its first hour of trading, while Litecoin brought in $400,000, showcasing initial investor interest in these new offerings [6]

Core Insights - The launch of the first U.S. spot ETFs for Solana, Hedera, and Litecoin marks a significant development in providing regulated exposure to crypto assets beyond Bitcoin and Ethereum [1] - Solana's ETF is projected to attract over $3 billion in flows within the first 12 to 18 months if it maintains early momentum [1][2] Market Comparison - Solana's market cap is approximately 5% of Bitcoin's and 22% of Ethereum's, indicating potential for significant inflows similar to those seen in Bitcoin and Ethereum ETFs [2] - The initial trading volumes for the ETFs were notable, with Solana's ETF trading $10 million in the first 30 minutes, while Hedera and Litecoin ETFs traded $4 million and $400,000, respectively [2] Volume Expectations - Projections for the end of the first trading day estimate Solana's ETF to reach $52 million in volume, with Hedera and Litecoin expected to hit $8 million and $7 million [3] - The funds launched under the Securities Act of 1933, which allows for a more streamlined regulatory process compared to the Investment Company Act of 1940 [3] Historical Context - For context, spot Bitcoin ETFs garnered $628 million in flows on their first day, while spot Ethereum ETFs saw $106 million [4] - Grayscale's Solana Trust is set to begin trading, potentially adding to the competitive landscape of crypto ETFs [4] Market Cap Insights - Hedera's market cap is about 8% of Solana's, while Litecoin's is approximately 7%, suggesting that their ETFs may attract smaller inflows compared to Solana's [5]

Group 1 - Bitcoin Exchange Traded Funds (ETFs) have recorded net inflows of $26.9 billion in 2023, with BlackRock contributing $28.1 billion, indicating its dominance in the market [1][2] - Without BlackRock's involvement, Bitcoin ETF flows would have been negative, highlighting the firm's significant impact on the sector [2] - BlackRock has opted not to participate in the current altcoin ETF wave, raising questions about the future of these funds without its backing [2][3] Group 2 - Several asset managers, including 21Shares, Canary Capital, and Fidelity, have filed for altcoin ETFs with the SEC, while BlackRock has not pursued similar filings [3] - The altcoin ETFs are awaiting SEC approval, with VanEck filing for the Lido Staked Ethereum ETF and Bitwise Asset Management submitting an S-1 for a Chainlink ETF [4][5] - The altcoin ETFs are designed to utilize standard creation and redemption mechanisms, with a focus on processing both in-kind and cash transactions [5]