Seven Firms Don Amend S-1 for Spot Solana ETF Wey Get Staking

Seven asset managers wey include Bitwise, Fidelity, and Franklin Templeton don submit amended S-1 statements to SEC for one spot Solana ETF. The updates dem show fund structure, fees, how dem go create and redeem for in-kind, staking policies, and how dem arrange custodian. Grayscale don propose 2.5% fee wey person fit pay with SOL tokens, while CoinShares add one special Solana staking ETF for passive yield. This filing follow SEC approval for in-kind redemption of Bitcoin and Ethereum ETF, meaning say pathway for Solana ETF clear well. Bloomberg analysts talk say SEC approval get 90% chance, plus market data dey show over 99% chance by 2025. SOL dey trade near $168 as e dey test technical support after one rising wedge form breakdown. Traders suppose dey watch how SEC go respond to these S-1 amendment and staking ETP proposals – approval fit bring bullish breakout, e go increase short-term volatility and long-term adoption.