ETF analyst Nate Geraci, CEO of The ETF Store, called the filings a major milestone and suggested approval could come within the next two weeks.

The inclusion of staking in the Solana filings is being closely watched as a signal that the SEC may also greenlight staking for future Ethereum ETFs. Such a move would mark a major step forward in legitimizing staking as part of regulated investment products.

Geraci also highlighted a wave of landmark ETF developments in recent weeks: the launch of the first spot XRP and Dogecoin ETFs, approval of index-based crypto ETFs, the debut of an Ethereum staking ETF, an application for the first Hyperliquid (HYPE) ETF, and even pushback from Vanguard against spot crypto products.

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With so many firsts arriving in rapid succession, Geraci said October could prove to be a pivotal month for crypto ETFs, reshaping institutional access to digital assets and potentially setting new precedents for how staking is integrated into U.S. markets.

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