TechFlow news, June 14 — According to The Block, Franklin Templeton, Galaxy Digital, VanEck, and Grayscale submitted updated S-1 forms on Friday, the registration statements required for ETFs to gain approval from the U.S. Securities and Exchange Commission (SEC) for public trading. Fidelity also filed an S-1 form for its Solana fund for the first time.
Earlier this week, the U.S. SEC engaged with several potential Solana ETF issuers, requesting them to update their S-1 filings. Bloomberg ETF analyst Eric Balchunas said this indicates a higher likelihood of SEC approving spot Solana ETFs than before, with products expected to launch within 2 to 4 months.
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