Solana ETF Race Accelerates as Firms Submit Revised Filings

The race for a Solana exchange-traded fund (ETF) in the U.S. is intensifying. Asset managers, including Canary Capital, Franklin Templeton, VanEck, Fidelity, Grayscale, CoinShares, and Bitwise, have submitted amended S-1 registration statements to the Securities and Exchange Commission (SEC). These filings demonstrate continued dialogue between issuers and regulators, signaling progress on a potentially landmark approval for a regulated Solana ETF.