🧭 Solana ETF Issuers Update Filings Following SEC Guidance
Seven issuers — including Bitwise, Canary, Grayscale, Fidelity, Franklin Templeton, VanEck, and 21Shares — have amended their S‑1 forms with the SEC .
The updates clarify staking mechanics and in‑kind redemption processes, enabling the funds to stake SOL and potentially offer yield .
This move comes as the SEC signals readiness to proceed “within the next few weeks,” though there’s no rush on final approval .
🔍 Why It Matters
Staking inclusion could boost fund returns, aligning Solana ETF structures with those of Bitcoin and Ethereum .
Heightened confidence: Polymarket estimates a 91% chance of Solana ETF approval before year’s end .
Institutional-readiness: Amendments show issuers are responsive to SEC concerns — a good sign for eventual launches .
🧩 What’s Next?
Anticipated SEC review of revisions within 30 days.
Possible approval window: mid-summer, aligning with altcoin ETF momentum .
Even after approval, technical details (e.g. staking policies, redemption mechanics) may involve further refinements .
📌 Bottom Line
Solana ETF issuers are progressing — updating S‑1s to include staking and in-kind redemption features based on SEC feedback. With approval likely this summer, the stage is set for institutional-grade Solana exposure with potential yield via staking embedded seamlessly.
