SOL Strategies CEO Leah Wald outlined how Solana-focused digital asset treasury companies can drive institutional adoption and exchange-traded fund (ETF) flows.In an interview with CryptoSlate, Wald noted that multiple Solana treasury companies create a “rising tide” effect similar to Bitcoin miners benefiting alongside Bitcoin ETF inflows.She noted the parallel between Bitcoin ecosystem dynamics, where miners receive inflows alongside spot and futures ETFs, suggesting similar potential for Solana-focused companies.

Sol Strategies CEO Leah Wald argues that a new class of Solana-focused digital asset treasury companies can play a similar ecosystem role for Solana as miners and related businesses do for Bitcoin, particularly in the context of exchange‑traded funds and institutional capital flows. In an interview with CryptoSlate, Wald describes SOL Strategies as both an infrastructure provider and asset manager for the Solana network, holding SOL on its balance sheet and operating validators, while also partnering with traditional finance players on Solana ETF products. She frames these firms as “treasury companies” whose business models are directly tied to the health, usage, and liquidity of the underlying blockchain, positioning them to benefit as ETF flows and institutional adoption grow. Wald draws a direct parallel to the Bitcoin ecosystem, where miners and adjacent service providers have seen revenue and equity market benefits alongside rising assets under management in spot and futures Bitcoin ETFs. She suggests that if Solana spot ETFs gain traction, Solana‑native treasury and infrastructure firms—by securing the network, earning staking rewards, and providing compliant exposure and services to institutions—could experience a similar “rising tide” effect. In her view, these companies form part of the bridge between traditional capital markets and on‑chain activity, helping large investors access Solana via regulated vehicles while simultaneously reinforcing the network’s security, liquidity, and long‑term viability.

✨ AI-generated background, compiled from web sources — not editorial content.

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• Leah Wald & Max Kaplan - The Milk Road Show | Podcast on Spotify (open.spotify.com)
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• The Investment Case for Solana - Crypto Prime Podcast (cryptoprimepodcast.com)

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