Seven Solana ETF applicants filed S-1 statements with the SEC on June 13, and an ETF analyst notes that “all of them include staking language.”
ETF analyst James Seyffart points to how long it took for spot Bitcoin ETFs to get approved as a reason he doesn’t think approval is coming imminently for spot Solana ETFs.Seven Solana ETF applicants filed S-1 statements with the US Securities and Exchange Commission on June 13; however, Bloomberg ETF analyst James Seyffart doubts approval will come as soon as next week.
“I think there needs to be a back and forth with the SEC and issuers to iron out details, so I doubt it. If anyone remembers the Bitcoin ETF launch, there were *A LOT* of filings over the preceding couple months before launch,” Seyffartin a post on Friday. US-based spot Bitcoin ETFs launched in January 2024, more than ten years after crypto exchange Gemini co-founders Tyler and Cameron Winklevoss filed the first spot Bitcoin ETF application with the SEC in 2013.
Meanwhile, in January, Consensys founder Joe Lubin told Cointelegraph that Ether ETF issuers were hopeful that funds offering staking could “soon”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SOL jumps as SEC asks issuers to resubmit Solana ETF S-1 filings: BlockworksSolana (SOL) rose 3% on Tuesday following reports that the Securities & Exchange Commission (SEC) asked firms to resubmit their Solana exchange-traded funds (ETF) S-1 filings within the upcoming week, according to Blockworks.
Read more »
XRP Soars Past Solana in Realized Cap, Driven by ETF Hopes and Corporate AdoptionXRP's 30-day percentage change in Realized Cap has hit +4.2%, outpacing Solana's +1% gain. This suggests traders are increasingly betting on XRP's upside. The momentum is driven by potential of a spot ETF and increasing adoption in corporate treasuries, with companies like Trident allocating millions to XRP. Meanwhile, Solana faces a pause in momentum, with its realized cap growth flatlining.
Read more »
Solana News: SOL Gains 5% on Report of Spot ETF DevelopmentsThe U.S. regulator asked prospective ETF issuers to amend a key paperwork, Blockworks reported.
Read more »
Solana futures open interest hits $7.4B amid ETF speculation: Is $200 SOL next?Growing institutional investor interest in SOL is driving Solana’s futures open interest to a 2-year high above $7.4 billion.
Read more »
Solana 'will make everyone an investor' — Solana nCMOTokenization can lead to micro-ownership of businesses and 'universal basic ownership' in the face of AI advancement, said a Solana executive.
Read more »
SUI ETF News: SUI Token Trades Flat Despite Signs of Strong ETF MomentumThe token traded roughly flat over the past 24 hours, even after Nasdaq submitted a 19b-4 document with the SEC on Tuesday, taking another step towards a spot SUI ETF in the U.S.
Read more »