$SOL Recent Developments & Pending Approvals

The SEC set a deadline in July for amendments to the Solana ETF, hinting at a possible approval before the October deadline.

More than 50 new cryptocurrency ETF applications have been submitted following the new guidelines: bitcoin, Ethereum, Solana, XRP, Dogecoin, and Litecoin among them.

Grayscale's multi-asset fund GDLC (which holds Bitcoin, Ethereum, Solana, XRP, Cardano) recently received accelerated conversion to an ETF, demonstrating increasing acceptance of multiple assets.