PANews
PANews|Sep 28, 2025 00:45
Analyst: Solana ETF Could Launch Within Weeks Following a Flurry of Revised Filings According to The Block, asset management firms including Fidelity, Franklin Templeton, CoinShares, Bitwise, Grayscale, Canary Capital, and VanEck updated their respective proposed Solana ETF S-1 registration statements on Friday to clarify details about their staking activities. This wave of filings comes shortly after a similar surge in late August, when many of the same issuers revised their documents to allow for both cash and in-kind redemptions. Bloomberg ETF analyst James Seyffart noted at the time that these filings could indicate 'constructive dialogue between the issuers and the SEC.' In a post on X, Seyffart stated that the latest round of revisions shows 'signs of action between the issuers and the SEC. A Solana ETF is very likely to launch in the coming days/weeks.' NovaDius Wealth President Nate Geraci also welcomed the latest updates, calling it 'a positive signal for spot Ethereum ETF staking. These (Solana ETFs) are expected to be approved within the next two weeks.'
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