According to Odaily Planet Daily, Fox reporter Eleanor Terrett revealed that the U.S. Securities and Exchange Commission has made progress in negotiations with the spot SOL ETF issuer.
The U.S. Securities and Exchange Commission is processing the S-1 applications, and insiders say that in the coming days, we may see exchanges submit 19b4 documents for potential issuers, which is the next step in the ETF approval process.
Currently, VanEck, 21Shares, and Canary Capital have submitted S-1 applications for the Solana ETF, and Bitwise announced its intention to submit an S-1 application yesterday.
