The SEC has requested the Solana ETF applicant to update the S-1 filing, with approval possibly coming as early as July.
吴说Jun 10, 2025According to Blockworks citing multiple insiders, the U.S. SEC has requested the institution planning to issue a Solana spot ETF to submit an updated S-1 filing within one week and will provide feedback within 30 days. The updates include statements regarding physical redemption and staking mechanisms, with the SEC maintaining an open attitude toward incorporating staking into the ETF structure. An insider stated that this could enable the Solana ETF to be approved within 3 to 5 weeks, potentially as early as July.
The SEC has requested the Solana ETF applicant to update the S-1 filing, with approval possibly coming as early as July.
吴说Jun 10, 2025According to Blockworks citing multiple insiders, the U.S. SEC has requested the institution planning to issue a Solana spot ETF to submit an updated S-1 filing within one week and will provide feedback within 30 days. The updates include statements regarding physical redemption and staking mechanisms, with the SEC maintaining an open attitude toward incorporating staking into the ETF structure. An insider stated that this could enable the Solana ETF to be approved within 3 to 5 weeks, potentially as early as July.
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