Best Crypto to Buy Now as Solana ETF Approvals Predicted To Be Closer Than Ever
The post Best Crypto to Buy Now as Solana ETF Approvals Predicted To Be Closer Than Ever appeared on BitcoinEthereumNews.com.
Exchange-traded fund headlines have always injected fresh electricity into the crypto market. Every new filing hints at deeper capital and a stronger seal of legitimacy than retail enthusiasm alone can provide. The latest catalyst is Solana. On 13 June, the Securities and Exchange Commission quietly asked a cluster of heavyweight issuers to submit refreshed S1 documents for proposed spot Solana funds, a move many analysts interpret as an informal green light to keep the process moving. When the same regulator that only recently waved Bitcoin products through begins reviewing another chain, it shows that digital assets are no longer a single-coin story. Hope for a broader institutional embrace has returned just as prices struggle under geopolitical stress. Solana’s ETF Moment Could Set the Altcoin Market on Fire Within a short window, some of the largest names in asset management delivered updated filings for spot Solana ETFs. Fidelity, Franklin Templeton, Grayscale, 21Shares, Bitwise, and even Canary all appeared on the list. These aren’t speculative newcomers. These are firms with decades of institutional reach now attempting to wrap Solana into something Wall Street can trade with a click. More importantly, this round of filings includes a serious feature: staking. That opens up the possibility of Solana ETFs not only tracking price but also generating native yield. UPDATE: Multiple stories broke the news earlier this week that the SEC had reached out to issuers requesting them to submit updated documents for their Solana ETFs & to include staking. As of 5 PM EST we have 6 of the 7 hopeful Solana ETF issuers that have submitted those S-1’s pic.twitter.com/WqPI2jf2CW — James Seyffart (@JSeyff) June 13, 2025 It’s a striking change in tone. Until recently, the assumption was that altcoin-based ETFs were still years away. Now it feels like the floodgates could open, and…
Filed under: News - @ June 15, 2025 7:28 pm