SEC Begins Review of Spot Solana ETF Applications with October Deadline
TLDR SEC now has 240 days (until October) to review spot Solana ETF filings from VanEck, 21shares, Bitwise, Canary Capital, and Grayscale Bloomberg analysts give Solana ETFs 70% approval odds, with potential for higher odds if security-related lawsuits are resolved Solana's network earned $750 million in fees in 2024, ranking third behind Bitcoin and Ethereum [.
TLDR SEC now has 240 days (until October) to review spot Solana ETF filings from VanEck, 21shares, Bitwise, Canary Capital, and Grayscale Bloomberg analysts give Solana ETFs 70% approval odds, with potential for higher odds if security-related lawsuits are resolved Solana's network earned $750 million in fees in 2024, ranking third behind Bitcoin and Ethereum [.
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