On June 13, seven Solana ETF applicants filed an S-1 statement with the Securities and Exchange Commission (SEC); however, Bloomberg ETF analyst James Seyffart suspected the approval will be obtained next week.
“I think it needs to be back and forth with the SEC and issuers to get out details, so I doubt it. If anyone remembers the Bitcoin ETF launch, there were a lot of * documents in the months before the release,” Seyffart,” Seyffart explain In Friday’s post. The U.S.-based spot Bitcoin ETF was launched in January 2024 and submitted its first location Bitcoin ETF application to the SEC in 2013.
“Staking Language” is included in all files
On June 13, Fidelity InvestmentssolETF products, while 21shares, Franklin Templeton, Grayscale Investment, Bit Investment and Canary Capital filed the S-1 Amendment.
Vaneck – This is the first company to be proposed in the United States Spot Solana ETF for June 2024 – is the last person to submit an application for S-1 revision revised on the same day.
Seyffart explain“I believe all of this includes statement language.” Seyffart agrees with X users That “Lessons” learned from past approvals can help speed up the process, referring to Bitcoin and Ether ETFs, he said, no such lessons apply to Sticking.
It is spot ether (eth) ETF products are also under review to add the long-awaited discharge function.
Seyffart Mulls approves Spot Solana and Ether ETF ideas at the same time
Seyffart said that while the SEC approved the on-site Ether ETF, it could be launched “in theory” with the Solana ETF.
Related: Solana Futures Open Isport hits $7.4B in ETF guess: Is the next step a $200 SOL?
“But I have no insight into what actually happened.” April 30, Bloomberg Intelligence Increased estimated odds In the SEC that approved the Solana ETF in 2025, to 90%.
Meanwhile, in January, January founder Joe Lubin told Cointelegraph that Ether ETF issuers hope to provide accumulated funds “quickly” Granted for supervision.
Tuesday, Bloomberg Senior ETF analyst Eric Balchunas said“Be ready for a potential Altcoin ETF summer in Solana, which may lead the summer.”
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