The U.S. SEC may make its first decision on several Solana ETFs on January 25th

Golden Finance reports that the Solana ETF applications submitted by four institutions, including VanEck, 21Shares, Canary and Bitwise, will face their first SEC review deadline on January 25, 2025. These 19b-4 applications were officially accepted by the SEC on November 21, 2024. According to the approval process, the SEC needs to make an initial decision within 45 days of acceptance and may choose to approve, reject or postpone. The market generally expects that the SEC may adopt a unified approach to review these Solana ETF applications.