Sources: Solana Spot ETF Expected to Be Approved Next Week
Jinse Finance reported, citing Blockworks, that multiple Solana ETF issuers are preparing for approval by the U.S. Securities and Exchange Commission (SEC), with sources indicating that a Solana spot ETF could be approved as early as next week. An informed source expressed "high confidence" that the S-1 form will become effective in the first half of October. Recent S-1 amendments also involve staking features, though it remains unclear whether these will be included in the final product. The only potential obstacle is a possible U.S. government shutdown, during which the approval process would be suspended.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Dow Jones Index closed down 94.87 points, with the S&P 500 and Nasdaq also declining.
U.S. stocks closed slightly lower across the three major indexes, with Baidu rising over 4%
Federal Reserve meeting minutes: Participants believe reserve balances have declined to an ample level
