Solana ETF applications from four institutions will have their first SEC review on January 25, 2025
According to BlockBeats, on December 4, the Solana ETF application submitted by VanEck, 21Shares, Canary and Bitwise will usher in the first SEC review deadline on January 25, 2025.
The 19b-4 applications of these four institutions were formally accepted by the SEC on November 21, 2024. The SEC is required to make its first decision within 45 days of acceptance, which may be approval, rejection or extension.
Grayscale submitted an earlier application for the Solana Trust Fund Conversion ETF, and its review deadline is January 23, 2025. The market expects that the SEC may handle these applications in a unified manner.