CoinShares has filed for a Solana Staking ETF on Nasdaq, joining other firms like BlackRock and Fidelity in incorporating staking features into their crypto ETF offerings. The CoinShares fund aims to hold SOL while staking a portion of its assets, with a risk noted in the filing regarding the potential inability to meet excessive redemption requests due to unstaking times of 2-3 days. Despite the risks, the interest in such ETFs is growing, as indicated by the recent performance of the Rex-Osprey Solana + Staking ETF, which launched with $137 million in assets. Experts suggest that while staking may attract some institutional interest due to its yield, the primary driver will still be the underlying performance of Solana. Additionally, the complexity of staking operations poses execution risks, especially concerning the liquidity needs for ETF redemptions. Overall, the demand for staking ETFs appears poised to increase as investors seek yield without the operational burdens of direct staking.

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