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There are currently at least 13 Solana-based exchange-traded products awaiting SEC approval

2025-03-17 15:34

Odaily News According to application information, there are currently at least 13 Solana-based exchange-traded products awaiting approval from the U.S. Securities and Exchange Commission. Applicants include Grayscale, Bitwise, Canary, 21Shares and other institutions. However, since Paul Atkins has not yet been officially appointed as chairman of the U.S. Securities and Exchange Commission, these applications are temporarily pending.
ETF Store President Nate Geraci wrote last week predicting that BlackRock will apply for Solana and XRP ETFs. In addition, Bloomberg ETF analysts previously estimated that the probability of Solana ETF being approved by the end of this year is 70%. (The Block)