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)