🔥🔥LATEST: Volatile Hours for Altcoin Spot ETFs! Fidelity Joins the List of Applicants for This Altcoin! 🔥🔥
According to the latest development, major investment firm Fidelity has filed for a spot ETF for Solana.
Additionally, there is movement regarding altcoin spot ETFs tonight. Bitwise and Canary firms have updated their previously submitted Solana Spot ETF S-1 applications to include staking features.
Just a few hours ago, Invesco Galaxy's Solana Spot ETF application was registered in the state of Delaware. Although this does not necessarily mean a definitive approval, it signals that the application has been well received.
On the other hand, so far the SEC has only granted spot ETF approval for Bitcoin and Ethereum, without providing such permission for altcoins other than ETH. The approved Ethereum spot ETFs have been able to receive SEC approval on the condition that they do not include staking features. However, with the new crypto-friendly SEC administration, it is expected that more altcoin spot ETFs will be approved in the future and that staking features will also be accepted.
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