Solana ETF Advances as SEC Requests S-1 Amendments

Solana ETF Advances as SEC Requests S-1 Amendments
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The SEC has requested amended S-1 filings for spot Solana ETFs, sparking a 6% price surge in SOL. Major asset managers like VanEck and Fidelity are refining their proposals amid growing market optimism.

  • SEC gives issuers one week to amend S-1 filings for spot Solana ETFs, focusing on staking and redemption details.
  • SOL price surges 6% to $165 amid bullish market sentiment and rising trading volume.
  • Canada’s launch of a staking-enabled Solana ETF intensifies scrutiny on the SEC’s delayed U.S. approval process.
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