Multiple institutions have submitted updated S-1 filings, planning to launch Solana spot exchange-traded funds (ETFs) on Friday, indicating that the U.S. Securities and Exchange Commission (SEC) may be closer to approving these products. The institutions submitting updated filings include Franklin Templeton, Galaxy Digital, VanEck, and Fidelity, with Fidelity filing the S-1 for a Solana spot trading product for the first time. The SEC has requested issuers to update explanations regarding physical redemption and staking methods, with VanEck including staking details in its updated filing. The SEC has approved Bitcoin and Ethereum spot ETFs but remains cautious about other token products, recently postponing decisions on products such as Avalanche, Dogecoin, and Hedera, and seeking public comments. Experts believe that under a more favorable SEC administration, the chances of Solana approval are higher, especially after the Chicago Mercantile Exchange (CME) listed SOL futures. Some issuers call on the SEC to follow the "first-come, first-served" review principle.

Background: The U.S. Securities and Exchange Commission (SEC) has recently delayed approvals for multiple altcoin ETFs, sparking uncertainty and speculation within the crypto community. Major asset management firms Bitwise, Canary, and Grayscale have amended their Solana (SOL) ETF applications to include staking features in response to regulatory concerns.

Key Events: These updated S-1 filings aim to address the SEC's worries; however, according to Reuters, the SEC does not appear eager to grant approval. Analysts note that Bitcoin ETFs have undergone similar delays, indicating a similarly prolonged approval process for Solana ETFs. VanEck is the first U.S. company to propose a spot Solana ETF, while BlackRock has not participated in the altcoin ETF competition.

Market Reaction: Despite the slow approval progress, Polymarket data shows a 91% probability of Solana ETF approval by 2025. The Solana token price has performed positively, reflecting market optimism about future approval. Analysts emphasize that delays do not equate to rejection, and approval remains possible.

The U.S. Securities and Exchange Commission’s recent delays in approving a range of altcoin ETFs have stirred uncertainty within the crypto community, fueling speculation about what these postponements mean. Despite the rising fear, uncertainty, and doubt (FUD), data from Polymarket offers a contrasting perspective, suggesting several altcoin ETFs remain poised for potential approval.Solana ETF applicants filed an S-1 with the SEC In response to ongoing regulatory scrutiny, major asset managers Bitwise, Canary, and Grayscale have taken a proactive step by amending their Solana [SOL] ETF filings to include staking. This feature would allow funds to earn rewards by staking the Solana held in custody. These updated S-1 filings aim to address the SEC’s concerns, but according to a source cited by Reuters, the agency appears to be in no rush to greenlight the launches. Remarking on this, Bloomberg analyst James Seyffart said, Bitcoin ETF also faced the same kind of delaysWhile the spotlight remains on the growing number of amended Solana ETF filings, it’s worth recalling that the journey for spot crypto ETFs in the U.S. has been long and hard fought. Spot Bitcoin [BTC] ETFs gained approval only in January 2024, more than ten years after Gemini’s Tyler and Cameron Winklevoss submitted the original application back in 2013.In the case of Solana, VanEck was the first U.S.-based firm to propose a spot ETF in mid-2024, and interestingly, one of the last to revise its S-1 filing to incorporate staking provisions.BlackRock is not into altcoin ETFsInterestingly, BlackRock is absent in the Solana ETF race, and this silence raises questions about the firm’s intentions in the altcoin ETF space.Expressing on the matter, Seyffart noted, Polymarket trend and SOL’s price actionDespite the SEC’s apparent lack of urgency around altcoin ETF approvals, market sentiment remains strikingly optimistic.According to Polymarket data, the odds of a Solana ETF being approved in 2025 stood at 91% at the time of reporting. This bullish outlook appears to be mirrored in Solana’s performance, with the token trading at $146.40 following a modest 0.92% daily increase, as per CoinMarketCap. While delays may suggest caution, they don’t necessarily signal denial. As ETF analyst James Seyffart had aptly noted, This shows that the lack of movement doesn’t equate to rejection, leaving the door open for approval despite regulatory hesitations.

Solana ETF Applies to Add Staking Feature, Approval Probability Rises to 91%

According to ChainCatcher, citing The Block, on Friday, multiple companies submitted updated S-1 filings for listing spot Solana exchange-traded funds (ETFs). Some experts suggest this move indicates that the U.S. Securities and Exchange Commission (SEC) is closer to approving these products.

Based on a series of regulatory documents, investment firms Franklin Templeton, Galaxy Digital, and VanEck submitted updated S-1 filings, which are registration statements required for ETFs to obtain SEC approval for public trading.

Fidelity also submitted its Solana fund S-1 filing on Friday. An insider stated, "This is Fidelity's first submission of an S-1 filing for a Solana ETP spot product."

According to ChainCatcher, reported by The Block, several companies submitted updated S-1 filings on Friday for listing spot Solana exchange-traded funds (ETFs). Some experts indicate that this move suggests the U.S. Securities and Exchange Commission (SEC) is closer to approving these products. Based on a series of regulatory filings, investment firms Franklin Templeton, Galaxy Digital, and VanEck submitted updated S-1 documents, which are the registration statements required for ETFs to be approved by the SEC for public trading. Fidelity also submitted its Solana fund S-1 filing on Friday; a knowledgeable source stated, "This is Fidelity's first submission of an S-1 filing for a spot Solana ETP."

Multiple Potential Issuers of SOL ETFs Have Submitted Updated S-1 Filings

MetaEra news, on June 14 (UTC+8), according to The Block, investment firms Franklin Templeton, Galaxy Digital, and VanEck submitted updated S-1 filings. Grayscale also submitted an updated filing and disclosed its announcement regarding charging a 2.5% fee for potential funds. Fidelity also submitted its S-1 filing for its Solana fund on Friday, marking Fidelity's first S-1 filing for a Solana spot ETP.Earlier this week, the U.S. SEC contacted several potential Solana ETF issuers, requesting them to update their S-1 filings. Bloomberg ETF analyst Eric Balchunas indicated at the time that this suggests the agency is more likely to approve some of these products than before, implying a launch timeline of approximately two to four months for spot SOL ETFs. (Source: PANews)

MetaEra news, June 14 (UTC+8), according to The Block, investment firms Franklin Templeton, Galaxy Digital, and VanEck have submitted updated S-1 filings, Grayscale also submitted an updated filing and disclosed its announcement of charging a 2.5% fee for a potential fund. Fidelity also submitted its S-1 filing for its Solana fund on Friday, marking Fidelity's first S-1 filing for a Solana spot ETP. Earlier this week, the U.S. SEC contacted several potential Solana ETF issuers, requesting them to update their S-1 filings. Bloomberg ETF analyst Eric Balchunas stated at the time that this indicates the agency is more likely to approve some of these products than before, implying that the launch of spot SOL ETFs is approximately two to four months away. (Source: PANews)

Grayscale and multiple other SOL ETF issuers, including VanEck, have submitted updated S-1 filings.

According to Deep Tide TechFlow, on June 14, The Block reported that several investment firms, including Franklin Templeton, Galaxy Digital, VanEck, and Grayscale, submitted updated S-1 filings on Friday. These filings are registration statements required for ETFs to obtain approval from the U.S. Securities and Exchange Commission (SEC) to be publicly traded. Fidelity also submitted its S-1 filing for its Solana fund for the first time.

Earlier this week, the U.S. SEC contacted several potential Solana ETF issuers, requesting them to update their S-1 filings. Bloomberg ETF analyst Eric Balchunas indicated that this suggests a higher likelihood of the SEC approving a Solana spot ETF than before, with the product expected to launch within 2 to 4 months.

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According to TechFlow, on June 14, The Block reported that several investment firms, including Franklin Templeton, Galaxy Digital, VanEck, and Grayscale, submitted updated S-1 filings on Friday. These filings are the registration statements required for ETFs to obtain approval from the U.S. Securities and Exchange Commission (SEC) for public trading. Fidelity also submitted its S-1 filing for its Solana fund for the first time.
Earlier this week, the U.S. SEC contacted several potential Solana ETF issuers, requesting them to update their S-1 filings. Bloomberg ETF analyst Eric Balchunas indicated that this suggests a higher likelihood of SEC approval for a Solana spot ETF than before, with the product expected to launch within 2 to 4 months.
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Multiple SOL ETF issuers, including Grayscale and VanEck, have submitted updated S-1 filings.

Franklin Templeton, Galaxy Digital, and VanEck have submitted updated S-1 filings, while Grayscale also filed an updated document and disclosed an announcement regarding a potential 2.5% fee charged to its fund. Fidelity also submitted its S-1 filing for its Solana fund on Friday, marking Fidelity's first S-1 filing for a Solana spot ETP.Earlier this week, the U.S. SEC contacted several potential Solana ETF issuers, requesting them to update their S-1 filings. Bloomberg ETF analyst Eric Balchunas indicated that this suggests the agency is more likely than before to approve some of these products, implying that the launch of a spot SOL ETF could occur within approximately two to four months. (TheBlock)

Franklin Templeton, Galaxy Digital, and VanEck have submitted updated S-1 filings, and Grayscale has also submitted an updated filing disclosing its announcement of a potential 2.5% fee for the fund. Fidelity also submitted its S-1 filing for its Solana fund on Friday, marking Fidelity's first S-1 filing for a Solana spot ETP. Earlier this week, the U.S. SEC contacted several potential Solana ETF issuers, requesting them to update their S-1 filings. Bloomberg ETF analyst Eric Balchunas indicated at the time that this suggests the agency is more likely than before to approve some of these products, meaning the launch of a spot SOL ETF could be expected in about two to four months. (TheBlock)

According to Foresight News and The Block, on Friday, multiple companies submitted updated S-1 filings to list spot Solana exchange-traded funds (ETFs). Some experts indicate that this move suggests the U.S. Securities and Exchange Commission (SEC) is closer to approving these products.

According to Foresight News and The Block, on Friday, several companies submitted updated S-1 filings to list spot Solana exchange-traded funds (ETFs). Some experts suggest that this move indicates the U.S. Securities and Exchange Commission (SEC) is closer to approving these products.

On June 13, 2024, seven Solana ETF applicants submitted S-1 registration statements to the U.S. Securities and Exchange Commission (SEC). However, analyst James Seyffart believes that approval in the short term is unlikely and expects multiple rounds of communication with the SEC to resolve detailed issues. This round of applications includes Fidelity Investments' first submission of a Solana spot ETF product, along with S-1 amendments from 21Shares, Franklin Templeton, Grayscale Investments, Bitwise Investments, and Canary Capital. VanEck also submitted an amendment. All application documents include staking-related content. Although prior approval experiences with Bitcoin and Ethereum spot ETFs may help accelerate the process, there is no precedent for approving staking functionalities. Analysts suggest that the Solana spot ETF might be approved simultaneously with Ethereum spot ETFs featuring staking functionalities, but the specifics remain unclear. Bloomberg Intelligence estimates a 90% probability that the SEC will approve a Solana ETF by 2025. Additionally, market interest in Solana ETFs has also driven increased activity in Solana futures.

Seven Solana ETF applicants filed S-1 statements with the US Securities and Exchange Commission (SEC) on June 13; however, Bloomberg ETF analyst James Seyffart doubts approval will come as soon as next week. “I think there needs to be a back and forth with the SEC and issuers to iron out details, so I doubt it. If anyone remembers the Bitcoin ETF launch, there were *A LOT* of filings over the preceding couple months before launch,” Seyffart said in a post on Friday. US-based spot Bitcoin ETFs launched in January 2024, more than ten years after crypto exchange Gemini co-founders Tyler and Cameron Winklevoss filed the first spot Bitcoin ETF application with the SEC in 2013. On June 13, Fidelity Investments filed its initial S-1 registration statement for its spot Solana ( SOL ) ETF product, while 21Shares, Franklin Templeton, Grayscale Investments, Bitwise Investments, and Canary Capital filed S-1 amendments. VanEck — which was the first US firm to file for a spot Solana ETF in June 2024 — was the last to submit its amended S-1 amended filing for the day. Seyffart said , “All of them include staking language, I believe.” While Seyffart agreed with an X user’s point that “lessons learned” from past approvals could help speed up the process, referring to spot Bitcoin and Ether ETFs, he said that no such lessons apply to staking. It comes as spot Ether ( ETH ) ETF products are also under review to add the long-anticipated staking feature. Seyffart said it is possible that the spot Solana ETFs “could theoretically” be launched with staking at the same time that the SEC approves staking for the spot Ether ETFs. Related: Solana futures open interest hits $7.4B amid ETF speculation: Is $200 SOL next? “But I have no insight into what will actually happen,” Seyffart said. On April 30, Bloomberg Intelligence boosted its estimated odds of the SEC approving a Solana ETF in 2025 to 90%. Meanwhile, in January, Consensys founder Joe Lubin told Cointelegraph that Ether ETF issuers were hopeful that funds offering staking could “soon” be given the regulatory go-ahead . On Tuesday, Bloomberg senior ETF analyst Eric Balchunas said , “Get ready for a potential altcoin ETF summer with Solana likely leading the way.” Magazine: Older investors are risking everything for a crypto-funded retirement 

Seven institutions submit Solana spot ETF applications; SEC approval still requires multiple rounds of communication

Multiple ETF providers submitted revised S-1 filings for Solana spot exchange-traded funds (ETFs) to the U.S. Securities and Exchange Commission (SEC) on Friday, indicating that approval for these SOL-based funds may be imminent. The revised filings include staking language, allowing the funds to stake held SOL to generate yields, thereby offering higher returns to investors. The submissions involved investment firms such as 21Shares, Bitwise, Fidelity, Franklin Templeton, Grayscale, VanEck, and Canary Capital. Previous reports indicated that the SEC had instructed applicants to update their S-1 filings, suggesting the regulator is more likely to approve these products, with trading expected to begin within two to four months. The SEC maintains an open stance on staking mechanisms, and analysts predict a 90% approval probability for Solana ETFs in 2025. Currently, the SEC has approved spot ETFs for Bitcoin and Ethereum but remains cautious towards other altcoin ETFs. Solana's market capitalization is approximately 77.40 billion USD, with the current price around 146.74 USD.

Seven ETF providers filed amended S-1 forms for Solana exchange-traded funds with the U.S. Securities and Exchange Commission on Friday, suggesting approvals of the spot SOL-based funds may be near.Staking Language Included In The Updated FilingsThe proposed ETFs from investment firms, including 21Shares, Bitwise, Fidelity, Franklin Templeton, Grayscale, VanEck, and Canary Capital, seek to give US investors direct exposure to the price of Solana without them having to hold the altcoin directly.As per the revised filings, would-be issuers submitted updated S-1s, a registration statement required for a spot exchange-traded fund to gain SEC approval for public trading.The filings clarified language that would enable them to stake their held SOL. The staking component would allow issuers to generate yield on the Solana held in their funds, allowing them to deliver higher returns to investors.Friday’s moves come following a TuesdayreportfromBlockworks, which cited sources saying that the SEC had instructed prospective Solana ETF issuers to update their S-1 filings. Bloomberg senior ETF analyst Eric Balchunas said at the time that this signals the agency is more likely than before to approve some of these products, giving a timeline of two to four months for spot SOL ETFs to begin trading.The SEC has also reportedly indicated its openness to staking within the ETF structure.On April 30, Bloomberg ETF analystsupped their estimated oddsof the SEC approving a Solana ETF in 2025 to 90%, placing them at the top of their list. ETFs based on XRP follow closely with approval odds of around 85%.The SEC has greenlighted spot Bitcoin and Ethereum ETFs as well as hybrid Bitcoin-Ethereum funds. However, it has been hesitant to let issuers introduce products that track other altcoins beyond ETH, despite a rash of filings for funds that would track Avalanche, Dogecoin, XRP, and Official Trump. The agency recentlypostponedmaking a decision on several of those investment vehicles and asked for public comment.Some pundits believe Solana has a better chance at securing the regulatory nod under the more leniet SEC leadership ofPaul Atkins, especially followingCME’s listing of SOL futures, which is not a necessary step in the ETF listing process but is usually considered as beneficial.Solana currently ranks sixth on the crypto leaderboard, with a market cap of $77.4 billion. SOL is trading hands at around $146.74 at publication time, up a paltry 0.5% over the last 24 hours, according to crypto data providerCoinGecko.

Multiple institutions submit revised applications for Solana spot ETFs, expectations rise for SEC approval

Recently, seven Solana-related ETF applicants have submitted updated S-1 filings. ETF analyst James Seyffart pointed out that these updated filings all include staking-related content. Additionally, the application process is expected to involve further back-and-forth communication with the U.S. Securities and Exchange Commission (SEC).

<img src="https://static.sosovalue.com/sosovalue/2025/06/14/6e0427fb-8109-4b02-a65f-c09c3302e672.jpg">ETF analyst James Seyffart said all of the updated S-1 filings "include staking language I believe."

Seven Solana ETF applicants have submitted updated S-1 filings, with the application process still requiring repeated communications with the SEC.

Odaily Planet Daily News on June 13 reported that companies such as Franklin Templeton, Galaxy Digital, Grayscale, and VanEck submitted updated S-1 filings for Solana spot ETFs. Fidelity also filed its S-1 registration for its Solana fund, marking Fidelity's first application targeting spot Solana ETPs.

According to recent regulatory documents, the SEC has requested several potential Solana ETF issuers to update their S-1 filings, particularly regarding statements on physical redemption and staking mechanisms. This move is seen as a signal of the SEC's changing attitude toward approving Solana spot ETFs, with expectations that Solana spot ETFs may launch within the next two to four months.

Although the SEC has approved spot ETFs for Bitcoin and Ethereum as well as some hybrid crypto equity funds, it remains cautious about ETF products tracking other tokens, notably delaying approvals for funds like Avalanche, Dogecoin, and Hedera. Experts believe that under a more favorable SEC regulatory environment, Solana has a greater chance of approval, especially in the context of CME launching Solana futures. (The Block)

Odaily Planet Daily News - On June 13, companies including Franklin Templeton, Galaxy Digital, Grayscale, and VanEck submitted updated S-1 filings for Solana spot ETFs. Fidelity also filed its S-1 registration for a Solana fund, marking what is considered Fidelity's first application for a spot Solana ETP.

According to recent regulatory documents, the SEC requested several potential Solana ETF issuers to update their S-1 filings, particularly concerning the descriptions of physical redemption and staking mechanisms. This move is seen as a signal of the SEC's changing attitude toward the approval of Solana spot ETFs, with expectations that such ETFs may launch within the next two to four months.

Although the SEC has already approved spot ETFs for Bitcoin and Ethereum, as well as some hybrid crypto stock funds, it remains cautious about ETFs tracking other tokens, with approval delays for funds related to Avalanche, Dogecoin, and Hedera. Experts believe that under a more favorable SEC regulatory environment, the chances of Solana's approval are higher, especially in the context of CME launching Solana futures. (The Block)

Multiple institutions have submitted updated Solana ETF S-1 filings.

Recently, several mainstream investment institutions have actively applied for altcoin spot ETFs. Investment giant Fidelity has submitted an application for a Solana spot ETF. Bitwise and Canary have updated the S-1 filings for their Solana spot ETFs, adding staking functionality. Invesco Galaxy's Solana spot ETF application is registered in Delaware; although not yet approved, it is regarded as a positive signal. The U.S. Securities and Exchange Commission (SEC) has approved Bitcoin and Ethereum spot ETFs but has not yet approved spot ETFs for altcoins other than Ethereum. The Ethereum spot ETF approval did not include staking functionality. With the SEC's increasingly friendly attitude towards cryptocurrencies, it is expected that more altcoin spot ETFs will be approved in the future, and staking features may be permitted. This content does not constitute investment advice.

According to breaking news, investment giant Fidelity has filed for a spot ETF for Solana. Additionally, tonight is shaping up to be a busy night for altcoin spot ETFs, with Bitwise and Canary both updating their previous Solana Spot ETF S-1 filings to include staking. A few hours ago, Invesco Galaxy’s Solana Spot ETF application was registered in Delaware, which is not an approval but is considered positive for the ETF application.  However, while the SEC has approved spot ETFs for Bitcoin and Ethereum, it has not allowed such a product for any altcoin other than ETH. The approved Ethereum spot ETFs were also able to receive permission from the SEC provided that they were applied for without staking. With the new cryptocurrency-friendly SEC administration, it is expected that more altcoin spot ETFs will be approved and staking will also be allowed. *This is not investment advice.

Fidelity Joins the Ranks of Altcoin Spot ETF Applicants, Significant Progress Made on Solana Spot ETF

Several firms have submitted updated S-1 filings to list spot Solana exchange-traded funds on Friday, a move that some experts say signals the U.S. Securities and Exchange Commission is closer to approving these products.According to a flurry of regulatory filings, investment firms Franklin Templeton, Galaxy Digital, and VanEck submitted updated S-1s, a registration statement needed for an ETF to gain SEC approval for public trading.Fidelity also submitted its Solana Fund S-1 on Friday, with someone familiar with the matter confirming to The Block “this is Fidelity’s first S-1 filing for a spot Solana ETP.”Earlier this week, Blockworks reported that the SEC had approached several potential Solana ETF issuers with a request to update their S-1s. Bloomberg ETF analyst Eric Balchunas said at the time this indicates the agency if more likely than before to approve some of these products, giving a timeline of two to four months for spot SOL ETFs to go live.The SEC reportedly asked issuers to update language surrounding in-kind redemptions and how issuers would approach staking. Lobbyists have been working to get the agency to approve Ethereum and Solana staking ETFs, which would earn holders staking yield. VanEck added staking to its prospective Solana ETF in its updated statement on Friday.The SEC has approved spot Bitcoin and Ethereum ETFs as well as a number of blended crypto-equity funds. However, it has been hesitant to allow issuers to list products that track alternative tokens, despite the number of filings for products like Avalanche, Dogecoin, and Hedera funds. The agency recently delayed making a decision on several of those products, and requested public comment.Some experts think Solana has a better chance at approval under a friendlier SEC administration, especially in light of the CME’s listing of SOL futures, which is not an essential step in the ETF listing process but is typically seen as beneficial.Recently, prospective ETF issuers including VanEck and 21Sharespressed the SEC to follow its traditional "first-to-file approach," wherein the agency greenlights product proposals on a first-come, first-served basis.

Multiple institutions have updated their S-1 filings, suggesting that the Solana spot ETF may receive SEC approval.

Background Information: Invesco has partnered with Galaxy Digital to register a Solana ETF entity in Delaware, indicating plans to launch a fund providing exposure to SOL assets.

Key Events: Invesco is expected to file an S-1 document with the U.S. Securities and Exchange Commission (SEC), followed potentially by a Form 19b-4 filing to list and trade the Solana ETF. This would make Invesco the seventh asset management company to apply for launching a Solana ETF. Invesco and Galaxy Digital have previously collaborated to launch spot Bitcoin and Ethereum ETFs.

Regulatory Updates: The SEC may approve the Solana ETF within the next few weeks and could approve multiple funds simultaneously, similar to the approval process for spot Bitcoin and Ethereum ETFs. The SEC has requested some issuers to amend their S-1 filings, with the final decision deadline set for October 10.

Market Impact: Some crypto ETF issuers have called on the SEC to reinstate the “first-come, first-served” principle to maintain market competitiveness, but the SEC has not yet responded. If this principle is reinstated, Solana ETFs from Grayscale, VanEck, Canary Capital, and 21Shares may receive priority listing.

Special Note: The content also mentions SoSoValue.

HIGHLIGHTS Invesco is expected to file an S-1 with the SEC following the incorporation in Delaware.  The asset manager will collaborate with Galaxy Digital to issue this fund. This comes as the SEC could soon approve the Solana ETFs. Invesco is set to become the latest fund manager to jump on the Solana ETF wave. The company has incorporated a SOL ETF in Delaware in collaboration with Galaxy Digital, with an S-1 and Form 19b-4 filing with the SEC likely to follow.

Invesco Incorporates Solana ETF In Delaware
Data from the Delaware Division of Corporations shows the registration of the 'Invesco Galaxy Solana ETF' entity. This indicates that asset manager Invesco intends to offer a fund that will provide investors with exposure to SOL.
This move usually precedes an S-1 and 19b-4 filing with the US Securities and Exchange Commission (SEC). The firm is likely to file the S-1 soon, while an exchange files to list and trade shares of this Solana ETF. If so, Invesco will become the seventh asset manager to file to offer this fund.
Invesco will offer this fund in collaboration with Galaxy Digital. The two have also partnered to offer the Invesco Galaxy Bitcoin and Ethereum spot ETFs. This development comes just as CoinGape reported that the SEC could soon approve the SOL ETFs.
The Commission has asked some issuers to amend their S-1 forms, with an approval likely to come in the next few weeks. There is the possibility that the SEC could approve all these funds at the same time, just like it did with the Bitcoin and Ethereum spot ETFs.
Crypto ETF issuers 21Shares, Van Eck, and Canary Capital recently urged the SEC to return to the 'first-to-file' principle to maintain a vibrant and competitive financial marketplace.&nbsp; However, the SEC has yet to reply to this request.&nbsp;Interestingly, these asset managers were among the first to file for a Solana ETF.
The final deadline for a SEC decision on the SOL ETFs is October 10. If the SEC reinstates a first-to-file principle, then Grayscale, Van Eck, Canary Capital, and 21Shares' ETFs could launch first in that order.

Invesco Partners with Galaxy Digital to Register Solana ETF in Delaware, Plans to Submit SEC Application

Background: Invesco and Galaxy Digital have filed applications in Delaware, planning to launch a Solana Exchange-Traded Fund (ETF).

Key Event: This move comes amid rumors that the U.S. Securities and Exchange Commission (SEC) might approve a Solana ETF.

Potential Impact: Approval of the Solana ETF could significantly boost institutional investors' interest and investments in the Solana blockchain ecosystem.

Special Note: The content mentions SoSoValue.

This news highlights the potential growth opportunities of the Solana blockchain ecosystem within the institutional investment sector.

The potential approval of Solana ETFs could significantly boost institutional interest and investment in the Solana blockchain ecosystem.
The post <a href="https://cryptobriefing.com/solana-etf-sec-approval/">Invesco, Galaxy Digital file to launch Solana ETF in Delaware amid SEC approval buzz</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.

Invesco and Galaxy Digital File for Solana ETF Launch in Delaware, Rumors of SEC Approval Attract Attention

多家机构提交了更新后的S-1文件，计划于周五推出Solana现货交易所交易基金（ETF），这表明美国证券交易委员会（SEC）可能更接近批准这些产品。提交更新文件的机构包括Franklin Templeton、Galaxy Digital、VanEck和Fidelity，其中Fidelity首次提交了Solana现货交易产品的S-1文件。SEC要求发行人更新有关实物赎回和质押方法的说明，VanEck在其更新文件中包含了质押细节。SEC已批准比特币和以太坊现货ETF，但对其他代币产品持谨慎态度，最近推迟了Avalanche、Dogecoin和Hedera等产品的决策，并征求公众意见。专家认为，在更有利的SEC管理下，Solana获批的可能性更大，特别是在芝加哥商品交易所（CME）上线SOL期货之后。一些发行人呼吁SEC遵循“先到先审”的审核原则。

多家机构更新了他们的S-1文件，这表明Solana现货ETF可能会获得SEC的批准。

多家機構提交了更新後的S-1文件，計劃於週五推出Solana現貨交易所交易基金（ETF），這表明美國證券交易委員會（SEC）可能更接近批准這些產品。提交更新文件的機構包括Franklin Templeton、Galaxy Digital、VanEck和Fidelity，其中Fidelity首次提交了Solana現貨交易產品的S-1文件。SEC要求發行人更新有關實物贖回和質押方法的說明，VanEck在其更新文件中包含了質押細節。SEC已批准比特幣和以太坊現貨ETF，但對其他代幣產品持謹慎態度，最近推遲了Avalanche、Dogecoin和Hedera等產品的決策，並徵求公衆意見。專家認爲，在更有利的SEC管理下，Solana獲批的可能性更大，特別是在芝加哥商品交易所（CME）上線SOL期貨之後。一些發行人呼籲SEC遵循“先到先審”的審覈原則。