BlockBeats news, on October 1, sources familiar with three different ETF issuers told Blockworks that next week could be a realistic timeline for the approval of the Solana spot ETF. However, two insiders pointed out that the impending government shutdown in the United States could impact the situation. One of the sources indicated that a government shutdown potentially occurring at midnight could bring everything to a standstill. Another source stated that they are "highly confident" that the S-1 filing for the Solana ETF will become effective in the first half of October. It remains unclear whether the expected approved spot SOL ETF will include staking, but the latest round of S-1 amendments does indeed involve staking issues.
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The Solana Spot ETF is expected to be approved by the US SEC as early as next week.
BlockBeats news, on October 1, sources familiar with three different ETF issuers told Blockworks that next week could be a realistic timeline for the approval of the Solana spot ETF. However, two insiders pointed out that the impending government shutdown in the United States could impact the situation. One of the sources indicated that a government shutdown potentially occurring at midnight could bring everything to a standstill. Another source stated that they are "highly confident" that the S-1 filing for the Solana ETF will become effective in the first half of October. It remains unclear whether the expected approved spot SOL ETF will include staking, but the latest round of S-1 amendments does indeed involve staking issues.