#SECETFApproval Here’s the latest on SEC approval for Solana-based ETFs:

The U.S. SEC has requested amendments and refilings of spot Solana ETF applications by the end of July, signaling a potential fast-track path toward approval ahead of the formal October 10 deadline . Multiple issuers—including Grayscale, VanEck, Bitwise, Canary, 21Shares, and Bitwise—have amended their filings to address regulatory questions, especially around staking, in-kind creation/redemption, and plain‑English risk disclosures .

Meanwhile, the first Solana staking fund—the REX‑Osprey SOL + Staking ETF (ticker: SSK)—started trading under the Investment Company Act of 1940, pressuring the SEC to move faster on direct spot ETFs . Some analysts now see a 95% probability of spot Solana ETF approval by year‑end .

What this means for Solana price and market impact:

• Premarket or first-mover advantage: SSK’s approval could boost investor confidence in upcoming spot ETFs.

• Institutional legitimacy: Approval will elevate Solana alongside Bitcoin and Ether in mainstream portfolios.

• Catalyst potential: Final green light—likely in late 2025—could spark substantial inflows and price momentum.

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Let me know if you’d like a deeper dive into specific issuer filings, staking mechanics, or timing scenarios.