Multiple SOL ETF issuers, including Grayscale and 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.
Multiple SOL ETF issuers, including Grayscale and 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.
