ChainCatcher Message, FOX Business reporter Eleanor Terrett revealed on social media that negotiations between the SEC and issuers looking to launch a SOL spot ETF have made progress. 🎉

The SEC is processing the S-1 application for the SOL spot ETF, and insiders say that in the coming days we might see exchange representatives submit the 19b-4 document, which is the next step in the ETF approval process. 📈

ETF issuers indicate that based on recent positive developments and the upcoming government supportive of cryptocurrencies, the market is optimistic about the Solana ETF being approved in 2025. 🔍

Friends in the blockchain industry, let’s wait and see if this negotiation can bring new market opportunities! 🌐