Several leading asset managers are moving closer to launching a Solana Spot ETF following recent developments on Friday. Notably, multiple prospective issuers have now submitted amended S-1 registration statements to the US Securities and Exchange Commission, indicating an ongoing dialogue between both parties.
Solana Spot ETF Updated Filings Signal Approvals Likely
According to Bloomberg ETF analyst James Seyffart, Canary Capital/Marinade, Franklin Templeton, and VanEck were among the first to file updated forms on Friday afternoon. Additional potential issuers, including Grayscale, 21Shares, Bitwise, Fidelity, and CoinShares, also followed shortly.
Seyffart explains that these amended filings represent active dialogue and progress between the issuers and the regulator, which is ofte