Seven Solana ETF applicants filed S -1 statement on 13 June with US Securities and Exchange Commission (SEC); However, Bloomberg ETF analyst James Safarte suspects that next week will come as soon.
“I think there is a need to be ahead with SEC and issuers and issuers to get iron out, so I suspect. If someone remembers the Bitcoin ETF launch, there were many * a lot of filing in a few months before the launch.” The US-based spot bitcoin ETF, launched in January 2024, filed the first spot bitcoin ETF application with SEC in 2013 after ten years of the Crupto Exchange Gemini co-founders and Cameron Winklevoss.
“Stacking Language” was included in all filing
On 13 June, Fidelity Investments filed their initial S -1 registration details for their spot Solana (SOL) ETF product, while 21Shares, Franklin Templeton, Grassscale Investments, Bitwaiz Investments, and Canary Capital filed S -1 amendment.
Vaneck-The first American firm to file a spot in June 2024 for Solana ETF was final for the submission of its revised S-1 revised filing.
“All of them include stacking language, I believe.” While SEFart agreed with an X user’s point that “learned lessons” could help speed up the process, referring to the spot bitcoin and etFS, referring to the Spot bitcoin and eTFS, he said that no such lesson applies to stacking.
This spot ether (ETH) comes in the form of ETF products, which are also reviewed to add long -awaited stacking facilities.
Seyffart Mulls Spot Solana and Ether ETF considering the approval approval simultaneously for ETF
Safarte stated that it is possible that the spot Solana ETF may be “theoretically”, at the same time it can be launched with stacking, which approves stacking for SEC Spot Ether ETF.
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“But I have no idea what exactly will happen,” Saidart said. On 30 April, Bloomberg Intelligence enhanced its estimated SEC obstacles to the SEC approved the Solana ETF in 2025.
Meanwhile, in January, the founder of the Concepts Joe Lubin told the coinalample that Ether ETF issuers hoped that the fund offering the stacking could carry forward the “soon” regulatory.
On Tuesday, Bloomberg’s senior ETF analyst Eric Balchunas said, “Get ready for a possible Altcoin ETF with Solana for summer.”
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