Multiple companies have submitted amended S-1 filings for SOL ETF registration statements

Franklin Templeton, Bitwise, Fidelity, Canary Capital, CoinShares, Grayscale, and VanEck have submitted amended S-1 registration statements to the U.S. Securities and Exchange Commission (SEC). Grayscale's filing discloses its plan to charge a 2.5% fee on its fund, payable in SOL.

The SEC is weighing several proposals to launch $SOL ETFs, as well as dozens of funds tracking cryptocurrencies such as Ripple ($XRP) and Dogecoin ($DOGE). Under the Trump administration, the SEC has taken a more friendly stance toward digital assets, showing signs that it may eventually approve these funds. [Odaily]