Solana ETF Approval in 2 Weeks: Nate Geraci

Key Notes

Solana ETFs with staking could receive US approval within two weeks.

Major asset managers, including Fidelity, VanEck, and Grayscale, have filed amended S-1 documents.

SOL price trades near $201 in a rising wedge, with $236 resistance and $180 support.

Solana could soon become the next major cryptocurrency with a spot exchange-traded fund (ETF) in the United States.

ETF analyst Nate Geraci said that recent filings suggest Solana ETFs with staking could receive approval within two weeks, triggering the asset’s ‘institutional moment.’

Another flurry of S-1 amendments filed today on spot sol ETFs…

Franklin, Fidelity, CoinShares, Bitwise, Grayscale, VanEck, & Canary.

Includes staking (yes, bodes well for spot eth ETF staking).

Guessing these are approved w/in next two weeks.