<ul data-eligibleForWebStory="false"><li>The Securities and Exchange Commission (SEC) requests Solana ETF issuers to submit new S-1 filings by the end of July, focusing on technical processes and mechanisms for staking.</li><li>Recent actions by the SEC suggest that approval for Solana ETFs may arrive before the official October 10 review deadline, indicating a potential shift in approval timelines.</li><li>The approval of REX-Osprey SOL and Staking ETF (SSK) has expedited the SEC's review process for Solana ETFs, aiming to maintain competitive balance in the market.</li><li>If approved, Solana would become one of the limited cryptocurrencies with U.S.-based spot ETF products, alongside Bitcoin and Ethereum, potentially opening up diversified investment avenues for digital assets.</li></ul>

Solana ETF Approval May Arrive Before October SEC Deadline

Discover more