Seven U.S. issuers have submitted amended S-1 forms for Solana exchange-traded funds (ETFs) to the SEC, indicating that regulatory approvals may be forthcoming. These applicants include 21Shares, Bitwise, Fidelity, Franklin Templeton, Grayscale, VanEck, and Canary Capital. The updated filings clarify the possibility of staking SOL tokens, which would allow issuers to generate yield on the investments, ultimately offering potentially higher returns for investors. This move follows a report that the SEC requested changes to the filings, highlighting the regulatory body's cautious stance on staking due to associated risks. The burgeoning interest in Solana ETFs comes at a time when U.S. regulators are easing restrictions on the digital asset industry. Experts predict that these Solana ETFs may receive approval in the near future, following the SEC's recent extension of its deadlines for reviewing such applications. Meanwhile, Solana's market performance shows its price at approximately $147.

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