Solana ETFs Near Approval, Major Firms File Amended Proposals

Investment firms are making significant moves towards bringing Solana-based exchange-traded funds (ETFs) to the US market. In 2025, firms like Canary Capital, Franklin Templeton, and VanEck submitted revised S-1 filings to the Securities and Exchange Commission (SEC), outlining updates to their proposals for these products. These changes reflect ongoing discussions with regulators and reveal valuable insights into the development of regulated Solana offerings.