📊Spot Solana ETF: 90% Odds & SEC Greenlight Hints
📝The SEC just asked Solana ETF issuers to update their S-1 filings by June, per Blockworks.
🔁They want clarity on in-kind redemptions—aka how shares are swapped for SOL.
🪙Surprisingly bullish twist: the SEC’s reportedly open to staking being part of the ETF. 👀
📅Updated filings get feedback within 30 days, but don’t expect a final nod before late June or early July.
🔮Bloomberg’s James Seyffart puts the odds at 90%, eyeing early Q4 2025 for actual approval.
Solana ETFs might not be moon-ready yet… but liftoff is definitely on the launchpad.
