Solana ETFs Get a Boost as 7 Issuers File Updated S-1s, Including Staking

Exciting news is circulating in the crypto world as seven major financial firms, including Fidelity and VanEck, have filed updated Spot Solana ETF S-1s with the SEC. These filings highlight a significant shift by adding staking to these ETFs, potentially revolutionizing how investors engage with Solana’s proof-of-stake mechanism. This move comes after the SEC requested revised filings, suggesting approval within 3-5 weeks. This signals a positive step towards wider crypto financial product acceptance.