Sources: Solana spot ETF expected to be approved next week
2025-09-30 22:46:48
According to Blockworks, a number of Solana ETF issuers are preparing for approval by the Securities Exchange Commission (SEC), with news suggesting the Solana Spot ETF could be approved as early as next week. One person familiar with the matter said there was "a high degree of confidence" that the S-1 form would take effect in the first half of October. The recently filed S-1 amendment also involves a pledge function, but it is unclear whether it will be included in the final product. The only potential obstacle is a possible US government shutdown, during which the approval process will be suspended.
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