Seven Solana ETF Filings Hit SEC — But Is Approval Still a Long Shot?

Description

Seven issuers filed or amended applications for spot Solana exchange-traded funds (ETFs) with the U.S. Securities and Exchange Commission (SEC) on June 13, marking the latest wave of institutional interest in the Layer 1 blockchain. Key Takeaways: Seven Solana ETF filings hit the SEC, including new entries and amendments from major issuers. Analysts say staking language in the filings could complicate approval timelines. Market optimism remains high, with Bloomberg projecting a 90% chance of app...