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Coindoo

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Solana ETFs Might Be Inch Closer to Start: Here’s When They Could Be Approved 

  • The SEC has requested Solana ETF issuers to submit amended S-1 forms within the next week.
  • The SEC intends to provide comments on the amended S-1 filings within 30 days of submission, focusing on 'in-kind redemptions' and 'staking' language updates.
  • Sources suggest that the SEC is open to including staking in Solana ETF structures, potentially expediting approval within three to five weeks.
  • Bloomberg Intelligence's James Seyffart anticipates Solana ETF approval as early as July, with the SEC possibly prioritizing 19b-4 filings for Solana and staking ETFs ahead of schedule.

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