VanEck Files Sixth Amendment for Spot Solana ETF — Approval Could Be Imminent! 🚀

Big news for Solana fans! 🌞 Analyst MartyParty revealed that VanEck has just submitted its sixth S-1/A amendment for the spot Solana ETF, with key updates:

✅ Status changed to “Effective”

💰 Fee rate set at 0.3%

This move signals major progress in VanEck’s push to launch a Solana ETF. Despite the ongoing U.S. government shutdown, the SEC’s latest guidance allows companies to file final S-1 forms — meaning these ETFs can automatically go live within 20 days without direct SEC approval. ⚡

Analysts predict that VanEck’s Solana ETF, along with offerings from Bitwise and Canary Capital, could be approved and start trading this week. 📊

If confirmed, this will mark a huge milestone for the U.S. crypto ETF market — expanding beyond Bitcoin and Ethereum and potentially bringing new institutional capital into Solana (SOL), one of the fastest and most scalable blockchains in the game. 💎

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