<ul data-eligibleForWebStory="false"><li>The US Securities and Exchange Commission is pressuring Solana ETF sponsors to expedite their approval process, potentially granting the ETFs ahead of the current deadline in October.</li><li>The SEC is accelerating the review process for Solana ETFs following the approval of the REX-Osprey SOL + Staking ETF, which had a successful first day of trading on July 2.</li><li>The SEC is revising its rules for digital-asset Exchange-Traded Products (ETPs) and developing a universal template to streamline the approval process, potentially shortening approval timelines to around seventy-five days.</li><li>Six issuers have filed proposals for spot Solana ETFs, and if approved ahead of the current deadline, Solana would become the third crypto asset with a US spot ETF, setting a precedent for other pending crypto filings.</li></ul>

Spot Solana ETF Approval Poised To Come ‘Way Ahead’ Of Schedule

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