🔺Seven major asset management companies, including Gray,,scale and Fide,,lity, have updated their filings with the Securities and Exchange Commission to launch #Solana
ETFs with participation options, indicating strong institutional interest. The Securities and Exchange Commission is still analyzing the applications and requesting adjustments, but has not rejected the applications, which suggests progress. The market sees this as an important step for Solana's growth in the DeFi world.
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