Sources: Solana Spot ETF Expected to Be Approved Next Week
Jinse Finance reported, citing Blockworks, that multiple Solana ETF issuers are preparing for approval by the U.S. Securities and Exchange Commission (SEC), with sources indicating that a Solana spot ETF could be approved as early as next week. An informed source expressed "high confidence" that the S-1 form will become effective in the first half of October. Recent S-1 amendments also involve staking features, though it remains unclear whether these will be included in the final product. The only potential obstacle is a possible U.S. government shutdown, during which the approval process would be suspended.
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