Solana ETF launching in July? SEC requests issuers to submit amended S-1 filings, providing clarification on stake functionality.

The SEC has asked Solana ETF issuers to amend key documents and appears to be in good faith about including the staking (Staking) feature, and the market expects that the approval schedule may be approaching. (Synopsis: Nasdaq Receives SEC Approval for "New AI Order Type"!) The transaction rate has increased significantly) (background supplement: Galaxy Digital officially landed on NASDAQ!) Founders shout: The era of tokenization is coming) Following the impressive results of Bitcoin and Ethereum spot ETFs, the cryptocurrency market is once again focused on the Solana (SOL). A series of recent moves by the U.S. Securities and Exchange Commission (SEC), notably requiring potential Solana ETF issuers to file amendment documents and rumors that they are considering including a staking (Staking) feature, have ignited market interest in Solana spot ETFs Optimistic expectations for accelerated approval. According to Blockworks, people familiar with the matter have revealed that the SEC has recently asked relevant issuers to file amended S-1 documents within a week. The focus of the amendment mainly covers two aspects: updating the relevant language of the in-kind redemption (In-Kind Redemptions), and detailing how the issuer will handle the issue of staking (Staking), revealing what appears to be an interest in the Solana ETF Openness to incorporate the Staking (Staking) feature. The SEC's move to request amendments to the document was widely interpreted by the market as a clear sign that the review process was accelerating. Although the official deadline for a final decision is set at October 2025, the mainstream market expects approval to be significantly earlier than July, or within three to five weeks thereafter. Analyst Optimism and Market Reaction Applicants including Fidelity, Franklin Templeton, VanEck, Bitwise, Canary Capital, 21Shares and Grayscale are actively seeking SEC approval. Bloomberg analyst Eric Balchunas raised the probability of an SOL ETF being approved from 70% to 90% back in April. He believes that the launch of SOL futures by CME (CME) in February is a positive sign, as CME has also launched related futures in the past ahead of the launch of Bitcoin and Ethereum ETFs, paving the way for SEC approval. Polymarket's trading forecasts a 91% chance of an SOL ETF being approved by the end of 2025; Some analysts also expect the SOL price to challenge the $200 mark in June. Potential Impact and Outlook of Solana ETF If the Solana ETF is successfully approved, especially the products that include the staking (Staking) function, it will not only open up a convenient new way for investors in the traditional financial market to invest in SOL, but also further open ETFs for stake, and Ethereum-related ETFs will presumably also apply. The additional rate of return is expected to increase investors' willingness to buy. Related reports: Circle stock rises too fiercely, some people are unhappy! Arca scolded: Too little placement betrayed crypto, everyone switched to USDT Circle (CRCL) Stocks can rise more than cryptocurrencies! Soaring nearly 4 times on the second day of listing 〈Solana ETF listed in July? SEC Asks Publishers to File Amended S-1 Documents to Explain Good Faith About Staking This article was first published on BlockTempo, "The Most Influential Blockchain News Media."