TechFlow news, November 24 — According to The Block, the U.S. Chicago Board Options Exchange (Cboe BZX) has received spot Solana ETF applications from four firms: VanEck, 21Shares, Bitwise Asset Management, and Canary Capital. It is reported that the U.S. SEC is currently "engaging" on the S-1 filings, and if the SEC confirms acceptance, the final deadline would fall in early August next year.
Nate Geraci, President of The ETF Store, stated that a Solana ETF could be approved as late as the end of 2025. Alexander Blume, CEO of Two Prime Digital Assets, believes that the successful precedents of spot Bitcoin and Ethereum ETFs, along with a more favorable regulatory environment, will drive the launch of a SOL ETF within next year.
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