"Solana ETF launch probability is virtually 100%"

Uk Jin

Summary

A Bloomberg Intelligence ETF analyst said the U.S. SEC's approval of a Solana (SOL) spot ETF is effectively certain.
He stated the 19b-4 review process has become largely meaningless, leaving only the SEC's final approval.
He emphasized that the Solana ETF S-1 filing was recently submitted as a fourth amended filing and that launch preparations are complete, so investors should pay attention.

As the U.S. Securities and Exchange Commission (SEC)'s review process for exchange-traded funds (ETFs) reaches its final stages, forecasts have emerged that approval of a Solana (SOL) spot ETF is effectively certain.

On the 29th (local time), Bloomberg Intelligence ETF analyst Eric Balchunas said on X (formerly Twitter), "Because of general listing rules, the 19b-4 filing and review deadline are meaningless," adding, "Only the SEC's final approval remains."

He also emphasized, "The S-1 filing for the Solana ETF was recently submitted as a fourth amended filing," and, "The launch can happen at any time. Be prepared."

SOL