Odaily Planet Daily News - Digital asset brokerage and research company K33 stated that as the U.S. Securities and Exchange Commission (SEC) adopts a more favorable stance towards cryptocurrencies, new spot altcoin ETFs may be approved in the coming months, providing investors with some compelling long and short strategy opportunities. Currently, eight institutions have submitted applications for a spot Solana (SOL) ETF, and the SEC has proactively contacted asset management companies, requesting them to include staking provisions in their updated application documents, indicating that regulatory engagement is increasing and raising the likelihood that Ethereum and Solana ETFs may include staking features. Additionally, in addition to Solana, there are ETF applications for other crypto assets such as LTC, XRP, and DOGE. (The Block)

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