At least 13 Solana-based exchange-traded products are awaiting approval from the US SEC
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According to Golden Finance, according to the application information, there are currently at least 13 exchange-traded products based on Solana waiting for approval by the US Securities and Exchange Commission. The applicants include Grayscale, Bitwise, Canary, 21Shares and other institutions, including: Grayscale Solana Trust (Conversion), Bitwise Solana ETF, REX-Osprey SOL ETF, VanEck Solana Trust, 21Shares Core Solana ETF, Canary Solana ETF, etc.
However, as Paul Atkins is still not officially appointed as the SEC chairman, the applications are temporarily pending. ETF Store President Nate Geraci posted a statement last week that BlackRock will apply for Solana and XRP ETFs, and Bloomberg ETF analysts previously estimated that the chance of Solana ETF being approved by the end of this year is 70%.