SEC's filing reveals that the ETH and SOL ETFs may include staking rewards.

Bitwise and 21Shares, two major digital asset managers, have updated their Ethereum and Solana ETF filings, adding the ability to stake their holdings. If approved by the SEC, these ETFs could receive staking rewards by participating in transaction validation on the proof-of-stake blockchain, a feature previously unavailable for crypto ETFs listed in America, which only hold passive assets.

These modifications come after months of advocacy for clear legal guidance and indicate that the SEC may be softening its stance on staking. For investors, this could significantly impact yields: staking Ethereum currently yields 3–4% per year, Solana 7–8%, which may offset or exceed the ETF management fees of 0.20–0.30%. This development could shift the competition among ETFs from management costs to net yields, creating a new performance metric. Staking within ETFs could connect DeFi opportunities with managed investment products.