Solana ETF Approval Expectations Surge as Several Firms Update Filing

Seven asset managers revised their applications to launch Solana-based exchange-traded funds (ETFs), submitting amended filings to the US Securities and Exchange Commission (SEC) on June 13. Bloomberg ETF analyst James Seyffart reported that the firms include Fidelity, Franklin Templeton, 21Shares, Grayscale, Bitwise, VanEck, and Canary. Solana ETF Filings Include Staking Language According to the analyst, the firms’ filings build upon recent developments and mark a shift in tone between the regulator and ETF issuers. The amended filings specifically address concerns raised by the Commission, including the use of in-kind redemptions and the role of staking in fund operations source: https://beincrypto.com/solana-etf-expectations-surge-sec-filiing-updates/