#SOL ETF Updates

📌 Critical Update on Solana ETF Applications!

As we enter the summer of 2025, the ETF process for Solana (SOL) has officially gained momentum. Seven major asset management firms, including giants like Fidelity, Grayscale, VanEck, Franklin Templeton, 21Shares, and Bitwise, have resubmitted updated S-1 documents to the (SEC).

These applications focus on two important issues that the SEC is particularly scrutinizing:

🔹 Staking Returns: In new applications, systems are proposed to allow investors to benefit not only from price increases but also from SOL staking returns.
🔹 Token Delivery Mechanism (Redemption): The SEC is requesting "in-kind" methods to make the token redemption processes of ETFs more transparent and secure.

🧩 When Can ETF Approval Come?

🔸 According to analysts, the revised application meets the structural criteria that the SEC previously requested in the Bitcoin ETF process.
🔸 The expectation for Solana ETF approval is concentrated between July and September 2025.

But the process is not yet guaranteed. The SEC's ambivalence on staking may necessitate the return of some applications with additional regulations.

🇨🇦 Canadian printing is increasing

Unlike the U.S., Canada approved 4 Solana spot ETF applications in April 2025. These approvals based in Toronto create pressure on U.S. regulators and pose a risk of shifting investor interest to other countries.

📈 What Do the Markets Say?

The price of SOL has shown an increase of nearly 12% on a weekly basis due to ETF developments. Investors are particularly focused on any statements that may come from the SEC at the beginning of July.
Additionally, there is a noteworthy increase in open positions and volume in Solana futures on major exchanges.

🎯 Result: The Turning Point is Near

The approval of the Solana ETF could be a turning point not only in terms of price but also in how staking systems can be presented to institutional investors. For investors, these developments represent both short-term opportunities and long-term transformation.
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