Solana spot ETFs can be only a matter of days away as hope is mounting after the SEC has passed simplified listing regulations. According to the sources of three issuers, the week of October 6-10 will be realistic to launch it. It is through these changes that crypto ETPs may avoid the 19b-4. Process of the past that clear a faster path to market.
What’s Driving the Optimism?
The new rules by SEC automatically deal with large tokens such as Solana, XRP and cardano. This removed the requirement of special approvals and issuers scrurried to file amended S-1 filings. These changes were targeted at staking, registration information and technical preparedness. One issuer said it had a high conviction of an October go-live-unless a government shutdown interferes with SEC activities.
Will Staking Be Included?
Although sources ensured updates around staking, the original Solana ETFs remain uncertain on whether or not they will come with staking rewards. The SEC has already made a clarification, which states that liquid staking tokens are not securities in default. Nonetheless, ETF liquidity and tax are still problematic, and end staking functionality could emerge in the future.
The Floodgates May Open
The odds of the approval of the alternative coins ETFs are now pegged by Bloomberg analysts to be really 100%. Many other products will be in the footsteps of Solana. More than 100 crypto filings waiting to be given the green light. Solana may achieve a tidy market with a tidy wave of altcoin ETFs in the event that the regulatory hiccups do not occur and Solana is launched without such hiccups.
