At least 13 Solana-based exchange-traded products are awaiting SEC approval

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ODAILY
03-17
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Odaily reported that according to application information, there are currently at least 13 Solana-based exchange-traded products awaiting approval from the U.S. Securities and Exchange Commission. The applicants include institutions such as Grayscale, Bitwise, Canary, and 21Shares. However, since Paul Atkins has not yet been officially appointed as the chairman of the U.S. Securities and Exchange Commission, these applications are currently pending. Last week, Nate Geraci, the president of ETF Store, predicted in a post that BlackRock would apply for Solana and XRP ETFs. In addition, a Bloomberg ETF analyst previously estimated that the probability of a Solana ETF being approved by the end of this year is 70%. (The Block)

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