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New Generation of Crypto ETFs Edge Closer to Reality After SEC Scrutiny

  • The SEC requested updated S-1 filings from prospective Solana spot ETF issuers by mid-June in the U.S. to clarify in-kind redemptions and staking.
  • This action follows earlier delays and acknowledgments of proposals, reflecting an accelerated regulatory review process with possible approval in July 2025.
  • Seven major firms, including Grayscale and VanEck, have filed S-1 statements, with the SEC showing openness to staking features as part of Solana ETFs.
  • Bloomberg analyst James Seyffart gave Solana ETF approval a 90% probability for 2025, noting that the earliest realistic timeframe for their appearance is around late June to early July, although a more likely launch is expected in the early part of the fourth quarter.
  • An approval would expand regulated cryptocurrency options for investors and could spark renewed interest in Solana amid a recent 4.64% price gain.
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Key points of the Bloomberg News Experts estimate that the SEC could approve ETFs linked to Solana and crypto indexes as soon as July. Signatures such as Grayscale and Bitwise have already submitted applications. The inclusion of stacking functions in these products would mark a new step for digital assets in regulated markets. The possibility for the US Stock Exchange and Securities Commission (SEC) to authorize new listed funds related to cryp…

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TokenPost broke the news in on Tuesday, June 10, 2025.
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