Solana ETF Update: Several Fund Managers Submit Amended Form S-1 to SEC

Several fund managers have complied with the request from the U.S. Securities and Exchange Commission (SEC) to submit amended Form S-1 for their respective spot Solana (SOL) exchange-traded funds (ETFs). On Friday, all fund managers seeking to launch spot Solana ETFs filed the revised application. The SEC’s response is expected within the next 30 days, potentially leading to a significant surge in the approval of altcoin ETFs in the coming months.