The SEC has recognized Grayscale's application for a spot ETF for Solana, which is an important step toward approving cryptocurrency funds in the U.S. This event has set a precedent for the SOL cryptocurrency, as the SEC had previously rejected such applications. The change in approach is linked to the new leadership of the commission. Experts believe that a Solana spot ETF could attract between $3 and $6 billion in the first year if approved. The approval forecast remains uncertain, with a possible date in 2026. Other companies have also filed applications to create spot ETFs for Solana.
2/8/2025 8:24:37 AM (GMT+1)
The SEC recognized Grayscale's application for a spot ETF for Solana: an important step toward approving cryptocurrency funds in the U.S. with a forecast of attracting up to $6 billion in the first year 📊
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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