In Brief SEC may soon approve a Solana ETF, with issuers reportedly asked to update S-1 forms within 30 days, signaling potential approval. Solana’s price surged by over 4.5% as optimism about ETF approval increased, especially within the Polymarket community. While Solana’s ETF prospects have gained traction, other altcoin ETFs, such as XRP, saw only…
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In Brief Solana ETFs face near-zero approval chances in 2024 due to SEC rejections and regulatory hurdles. Analysts see no path forward without a clear regulatory framework and possible political shifts. SEC’s refusal to post critical filings halted the Solana ETF approval process early on. The outlook for United States-based Solana exchange-traded funds (ETFs) in…
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In Brief 3iQ files to launch North America’s first Solana ETP on the Toronto Stock Exchange. The Solana Fund will offer SOL exposure, long-term capital appreciation, and staking yield. 3iQ leverages Coinbase Custody for institutional staking; pioneers in Canadian crypto funds. 3iQ Digital Asset Management, a Canadian digital asset investment firm, has announced the filing…
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