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]