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Bitwise Seeks Approval for Solana ETF Registration

  • Bitwise Investment has filed the S-1 form for a spot Solana ETF, joining other asset managers in offering exposure to Solana.
  • Bitwise's move reflects growing institutional interest in Solana, with predictions of potential approval by the end of 2025.
  • Political landscape, including the potential appointment of a new SEC chair, may ease regulatory barriers for crypto ETFs.
  • The price of Solana (SOL) is currently trading at $241.81 with a 3.18% increase in the past 24 hours.

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