CoinShares Submits Solana Spot ETF Application to US SEC

Odaily News European digital asset management company CoinShares has submitted an application for Solana spot ETF (SOL ETF) to the US SEC. This is less than a week after seven institutions including 21Shares and Bitwise updated and submitted relevant applications. Previously, Bloomberg senior ETF analyst Eric Balchunas predicted that the probability of such products being approved this year is 70%. (Decrypt)