CoinVoice recently learned that FOX Business reporter Eleanor Terrett posted on the social platform that according to two people familiar with the matter, negotiations between SEC staff and issuers who want to launch the SOL spot ETF have "made progress."
The SEC is currently processing the S-1 filing for the SOL spot ETF. These people said it is “very likely” to see the exchange file some 19b-4 documents on behalf of the potential issuer in the coming days, which is also the next step in the ETF approval process.
Recent staff engagement, coupled with an incoming pro-crypto administration, is fueling new optimism that a Solana ETF could be approved sometime in 2025, the ETF issuer said. [Original link]
