Multiple asset management giants submit revised Solana ETF S-1 documents to the US SEC

According to The Block, multiple asset management companies including Franklin Templeton, Bitwise, Fidelity, Grayscale, and VanEck have submitted revised S-1 registration statements for spot Solana ETFs to the US Securities and Exchange Commission (SEC). Among them, Grayscale's documents disclose that its fund plans to charge a management fee of 2.5% and pay it through SOL. The US Securities and Exchange Commission is considering several proposals to launch the SOL ETF and dozens of other cryptocurrency funds, including products that track currencies such as XRP and DOGE. According to official documents, the CoinShares Solana Pledged ETF has completed registration in Delaware.