3W
...
Solana ETF issuers are racing to update filings as the U.S. crypto market braces for a crucial October. Asset manager 21Shares has revised its S-1 filing, outlining changes to fund structure, staking provisions, and redemption processes—key details aimed at addressing SEC scrutiny.
Several other firms, including Franklin, Fidelity, CoinShares, Bitwise, Grayscale, VanEck, and Canary, have also submitted amendments in recent days. Around nine Solana ETF applications are currently pending, with updates signaling issuers’ efforts to refine proposals in line with regulatory feedback. The surge in activity suggests growing confidence that approvals may be near.
The SEC is expected to rule on 16 crypto ETF applications this month, covering altcoins such as Solana, XRP, Litecoin, Dogecoin, and Cardano. With the agency recently clearing procedural hurdles and declining to issue delay notices, industry watchers believe October could mark a turning point for crypto ETFs, opening the door for new products and broader investor access.
