Since the Bitcoin and Ethereum products hit the exchanges in 2024, the crypto market has been looking to welcome additional spot exchange-traded funds (ETFs). Currently, the XRP and Solana ETFs appear to be next in line to hit the market, pending the approval of the United States Securities and Exchange Commission (SEC).

On Thursday, September 25, Bitcoinist reported that the final spot XRP and Solana amendments are expected before the end of this week. As expected, many potential issuers have updated their applications to launch the Solana exchange-traded fund in the United States.

Is SEC Approval For SOL ETF Inevitable?

On Friday, September 26, Bloomberg analyst James Seyffart shared on the social media platform X a bunch of updated applications for the spot Solana ETF prospectuse

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