The race for the first SOL spot ETF in the US is gaining momentum. Seven prominent asset managers, including Grayscale, have filed amended S-1 applications with the Securities and Exchange Commission (SEC), signaling progress in the approval process. These firms—Franklin Templeton, Bitwise, Fidelity, Canary Capital, CoinShares, Grayscale, and VanEck—are actively working to satisfy the SEC's requirements. Industry experts, like ETF Store CEO Nate Geraci, view these amended filings as a positive sign, indicating ongoing dialogue and refinement of application details. While the SEC has yet to approve a SOL spot ETF, the amended applications suggest the possibility of launching these products soon, offering investors direct exposure to the SOL cryptocurrency within a regulated framework. The decision timeline remains uncertain, but market participants are closely watching for further developments. ```

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