Breaking News: SEC Could Approve Solana ETFs Soon, Ask Issuers to Revise S-1 Documents!

Updated

June 11, 2025

Gambar Breaking News: SEC Could Approve Solana ETFs Soon, Ask Issuers to Revise S-1 Documents!

Jakarta, Pintu News – The United States Securities and Exchange Commission (SEC) has instructed the issuer of exchange-traded fund (ETF) Solana to file changes to their S-1 form.

This move is expected to expedite the Solana ETF approval process within the next three to five weeks. This signal suggests that the SEC may be more proactive in approving these products earlier than expected.

Check out the full information here!

SEC Request for Amendment to Form S-1

The SEC has requested that the S-1 form for Solana ETFs be amended as part of their review process. Analysis from Bloomberg by Seyffart suggests that the SEC could give the green light to Solana ETFs by July 2025, but a final decision may not be made until the end of the year.

Get ready for a potential Alt Coin ETF Summer with Solana likely leading the way (as well as some basket products) via @JSeyff note this morning which includes fresh odds for all the spot ETFs. pic.twitter.com/UMzih4oou7
— Eric Balchunas (@EricBalchunas) June 10, 2025

The SEC’s focus on 19b-4 filings for Solana and ETF staking suggests a greater likelihood that these products will be approved sooner. The possible approval of the Solana ETF could spark movement in the altcoin market, with many expecting more cryptos to follow Solana’s lead.

Staking in Solana ETF Offerings

One notable advance is the integration of staking in Solana ETFs. The SEC showed a willingness to allow staking in these crypto products, which means investors can get rewarded. This is especially important given that staking now plays a crucial role in Solana’s blockchain ecosystem.

Marinade Finance, the staking provider, will play a key role in this integration. The company has been selected as the sole staking provider for the Canary Marinade SOL ETF, the first Solana ETF in the US to use staking.

Also read: 3 Crypto that Potentially Listed on Binance in June 2025!

Timeline and Potential Approval of SOL ETFs

Industry experts are monitoring the Solana ETF, as its approval would be a major step for the crypto industry. While Bitcoin ETFs have received a lot of attention and support, the Solana ETF will be the first to provide a secure way for institutional investors to gain exposure to Solana.

This decision by the SEC shows that they are revising their position on crypto-related financial products. This confirms that the SEC is now taking a more flexible approach in regulating the blockchain industry.

Conclusion

With this latest SEC move, the opportunity for innovation and growth in crypto-based financial products is wide open. The approval of the Solana ETF will not only strengthen Solana’s position in the crypto market, but could also be a trigger for similar innovations in the future.

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