TechFlow, June 11 — According to Blockworks, the U.S. Securities and Exchange Commission (SEC) has requested potential Solana ETF issuers to submit revised S-1 forms within next week. The SEC stated it will provide feedback on the S-1 forms within 30 days of submission.
Insiders revealed that the SEC is asking issuers to update language regarding in-kind redemptions and methods for handling staking, and regulators appear open to including staking as part of a Solana ETF. One source estimated these updates could lead to approval of a Solana ETF within the next three to five weeks, potentially as early as July.
Add to Favorites
Share to Social Media
