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