7 Solana ETF Filings Submitted — SEC Approval May Take Time
7 Solana ETF Filings Submitted — SEC Approval May Take Time
Seven Solana ETF issuers filed S-1 forms with the SEC on June 13, but Bloomberg ETF analyst James Seyffart believes approval isn’t likely anytime soon. He compared the situation to spot Bitcoin ETFs, which took over a decade from the first filing in 2013 to their eventual launch in January 2024.
“There needs to be back and forth with the SEC to iron out details,” Seyffart said, noting the heavy filing activity that preceded the Bitcoin ETF ap...
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