Solana is set to launch its first spot ETF in the United States on July 2, following approval from the Securities and Exchange Commission (SEC). Developed by Rex-Osprey, the ETF will offer staking services, allowing investors to earn rewards through participation. This development has led to a 4.5% increase in Solana's price, now over $157, marking an 18% gain over the past three months. The approval of Solana's ETF sets a precedent for other ETFs incorporating staking, with BlackRock reportedly considering similar features for an Ethereum ETF. The announcement also positively impacted Solana ecosystem projects, such as Jito, which saw a 5.7% increase. Additionally, Robinhood plans to enable SOL staking via its app, highlighting the growing demand for passive income opportunities in the crypto market.