The SEC is expected to decide on a Solana ETF approval by July, with a final decision anticipated by October pending review of updated filings.
Solana ETF issuers are required to submit revised filings addressing in-kind redemptions and staking integration for SEC assessment.
Companies like Grayscale, VanEck, and Fidelity are gearing up to launch Solana ETFs, showcasing growing institutional interest in digital assets.
Approval of a Solana ETF could pave the way for increased institutional investment in digital assets and integration into the traditional financial system.