Certora has identified potential security risks in Solana-based ETFs, highlighting concerns over custody issues and network instability. These ETFs, which collectively manage over $600 million, provide traditional investors with exposure to Solana without the need for direct cryptocurrency management. While many of these funds mitigate smart contract risks through native staking, those utilizing liquid staking tokens may still face vulnerabilities. The growing interest in tokenized investments, as seen in real-world assets (RWA) news, underscores the appeal of these financial products. However, experts warn that third-party custody and potential network outages could present hidden threats. Despite these concerns, Solana ETFs continue to be a favored entry point for institutional investors seeking exposure to the crypto market.