The US Stock Exchange and the Securities Commission (SEC) have asked emitters interested in launching Solana (SOL) ETFs. Revised version of S-1 form within the next week. Applications include language settings and handling for types of rescue Stakingthe aspect that Dry seems willing to allow among these funds.
Sources close to the process said the regulator has pledged to respond with comments within 30 days of presentation of the form.
Among the emitters trying to list Solana ETFs Celebrities such as Fidelity, Franklin Templeton, Vaneck, Bitwise, Grayscale, 21shares, Canary Capital. In particular, Grayscale is trying to convert Solana’s trust into ETFs, as it has already done with Bitcoin (BTC) and Ethereum (ETH) products.
The SEC will need to determine these requests until October, but optimism will grow. Analysts such as James Seympfart and Eric Bloomberg Intelligence Balchunas have increased the likelihood of approval and highlighted that products already exist based on Sun’s futures.
Solana futures launch at CME (Chicago Mercantile Exchange) in March – this was reported in a timely manner by encryption – and strengthens this expectation as the patterns have been repeated previously in BTC and ETH. Everything shows that the SEC is moving faster than expected on these devices, opening the door to a new wave of cryptocurrency-focused financial products.