BlockBeats reports that on June 11, according to Blockworks, the U.S. Securities and Exchange Commission (SEC) has requested the issuer planning to launch a spot Solana ETF to submit a revised S-1 form within the next week. A source estimates that these updates could lead to the Solana ETF being approved within 3 to 5 weeks.
The news also indicates that the SEC appears willing to accept proposals that include staking mechanisms.
BlockBeats reports that on June 11, according to Blockworks, the U.S. Securities and Exchange Commission (SEC) has requested the issuer planning to launch a spot Solana ETF to submit a revised S-1 form within the next week. A source estimates that these updates could lead to the Solana ETF being approved within 3 to 5 weeks.
The news also indicates that the SEC appears willing to accept proposals that include staking mechanisms.