Franklin Templeton, Galaxy Digital, and VanEck submitted updated S-1 filings, and Grayscale also submitted an updated filing, disclosing its announcement regarding a potential 2.5% fee for the fund. Fidelity also submitted its S-1 filing for its Solana fund on Friday, marking Fidelity's first submission of an S-1 filing for a Solana spot ETP. Earlier this week, the U.S. SEC reached out to several potential Solana ETF issuers, requesting them to update their S-1 filings. Bloomberg ETF analyst Eric Balchunas stated at the time that this indicates the agency is more likely than ever to approve some of these products, meaning the launch timing for a spot SOL ETF is about two to four months away. (TheBlock)
