US SEC Requests Submission of Amended Solana ETF Forms…Rising Approval Expectations

Source
Son Min

Summary

  • The US SEC has reportedly asked issuers of Solana (SOL) spot ETF to submit amended S-1 registration statement forms.
  • The SEC’s request has heightened expectations that approval of Solana spot ETF could come as early as July.
  • Ethereum (ETH) spot ETF was also previously required to submit an amended S-1 form before approval, with final approval granted afterward.

The United States Securities and Exchange Commission (SEC) has reportedly requested issuers of Solana (SOL) spot Exchange-Traded Funds (ETFs) to submit amended S-1 registration statement forms.

On the 11th (local time), SolidIntel announced on X (formerly Twitter) that "the SEC asked issuers of Solana spot ETFs to submit revised S-1 forms."

They further stated, "This means that approval for Solana spot ETFs could come as early as July," and added, "Ethereum (ETH) spot ETFs were also required to submit amended S-1 forms before approval." Previously, final approval for the Ethereum spot ETF was granted after submission of the revised S-1 filing.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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