According to Odaily Planet Daily, Fox reporter Eleanor Terrett revealed that the negotiations between the U.S. Securities and Exchange Commission and the issuer of the spot SOL ETF have made progress.
The SEC is processing S-1 filings, and people familiar with the matter said the coming days could see exchanges file 19b4 filings on behalf of potential issuers, the next step in the ETF approval process.
Currently, VanEck, 21Shares, and Canary Capital have filed S-1 applications for the Solana ETF, and Bitwise announced its intention to file an S-1 application yesterday.
