Solana Spot ETF Makes Substantive Progress, SEC Focuses on Staking and Redemption Mechanisms, Possible Launch as Early as July

PANewsJun 11, 2025
On June 11, the U.S. SEC requested potential Solana spot ETF issuers to update their S-1 registration statements. This move was seen by the market as a turning point signaling that the Solana ETF has entered the substantive review phase, releasing a positive signal regarding regulatory attitude. Driven by this, market expectations for official approval in July quickly heated up, and the Solana ecosystem subsequently experienced a broad rally.
Source
Powered by ChatGPT
All You Need to Know in 10s
Your One-Stop Crypto Investment Powerhouse

Solana Spot ETF Makes Substantive Progress, SEC Focuses on Staking and Redemption Mechanisms, Possible Launch as Early as July

PANewsJun 11, 2025
On June 11, the U.S. SEC requested potential Solana spot ETF issuers to update their S-1 registration statements. This move was seen by the market as a turning point signaling that the Solana ETF has entered the substantive review phase, releasing a positive signal regarding regulatory attitude. Driven by this, market expectations for official approval in July quickly heated up, and the Solana ecosystem subsequently experienced a broad rally.
Powered by ChatGPT
Scan QR Code to Explore more key information
One-stop financial research platform for Crypto Investors