Franklin Templeton, Galaxy Digital, and VanEck have submitted updated S-1 registration statements to the U.S. Securities and Exchange Commission for their prospective spot cryptocurrency exchange-traded funds. The amended filings refine operational details amid the regulatory approval process for cryptocurrency investment vehicles.
Grayscale concurrently lodged a revised S-1 form and disclosed a 2.5% fee structure for its planned funds, positioning the rate within industry standards for future ETF offerings under development.
Separately, Fidelity filed its first-ever S-1 application for a Solana spot exchange-traded product, expanding beyond existing Bitcoin and Ethereum proposals. This strategic move occurs alongside confirmed communications between the SEC and potential Solana ETF issuers, signaling heightened regulatory scrutiny over altcoin-based investment products.