PANews reported on June 14 that according to The Block, investment companies Franklin Templeton, Galaxy Digital, and VanEck submitted updated S-1 files, and Grayscale also submitted an updated file and disclosed an announcement of charging 2.5% fees for potential funds. Fidelity also submitted its S-1 file for the Solana fund on Friday, marking the first time Fidelity has filed an S-1 for a Solana spot ETP.
Earlier this week, the US SEC had contacted several potential Solana ETF issuers, requesting them to update their S-1 files. Bloomberg ETF analyst Eric Balchunas stated at the time that this indicates the agency is more likely than ever to approve some of these products, meaning the launch of a spot SOL ETF is approximately two to four months away.
