## SOL ETF ACCELERATION TO THE FINISH LINE – PROPOSALS FOR STAKING HAVE BEEN SUBMITTED <>
7 organizations including 21Shares, Bitwise, Fidelity, Franklin Templeton, Grayscale, VanEck, and Canary Capital have simultaneously updated their S-1 filings for the SOL ETF, with many parties proposing to allow staking to increase yields for investors.
This move demonstrates positive coordination with the SEC, increasing the likelihood of the SOL ETF being approved, paving the way for the third crypto ETF in the U.S. and the first ETF to support staking.
