October 09, 2025 - JPMorgan projects Solana ETFs will underperform compared to Bitcoin and Ethereum funds despite growing institutional interest. Grayscale selects Figment to provide staking infrastructure for both Ethereum and Solana investment products, enhancing yield opportunities. Bitwise positions competitively by proposing significantly lower fees for its Solana ETF application. These developments reflect varying institutional approaches to Solana's market entry as competition intensifies among asset managers seeking regulatory clearance for Solana-based products. Powered by LabCat AI research tools.