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Solana Spot ETF Expected to Receive Approval from US SEC as Early as Next Week

Summary: According to sources familiar with three different ETF issuers, next week could be the realistic timeline for the approval of the Solana spot ETF. However, two insiders noted that the impending US government shutdown could impact the situation. One source mentioned that a potential government shutdown at midnight could bring everything to a halt. Another ...

According to sources familiar with three different ETF issuers, next week could be the realistic timeline for the approval of the Solana spot ETF. However, two insiders noted that the impending US government shutdown could impact the situation. One source mentioned that a potential government shutdown at midnight could bring everything to a halt. Another source indicated that they are highly confident that the S-1 filing for the Solana ETF will become effective in the first half of October. It is currently unclear if the issuer anticipates the approved spot SOL ETF to include staking, but the latest round of S-1 amendments does indeed involve staking issues.

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