On January 25, the first review period for the Solana ETF applications submitted by four institutions, including VanEck, 21Shares, Canary, and Bitwise, will arrive on January 25, 2025. These 19b-4 applications were officially accepted by the SEC on November 21, 2024. According to the approval process, the SEC needs to make the first decision within 45 days of acceptance, and may choose to approve, reject, or postpone.
The market generally expects that the SEC may adopt a unified approach to review these Solana ETF applications.
