Solana Spikes 4% As Report Signals Possible Green Light For ETF— Analyst Sets Approval Odds At 90%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 11 2025
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Source: benzinga_crypto
SEC Requests Updates for Solana ETFs: The Securities and Exchange Commission has asked potential issuers of Solana spot Exchange-Traded Funds to submit revised S-1 forms, focusing on in-kind redemptions and staking approaches, with feedback expected within 30 days.
High Approval Odds for Solana ETFs: Analysts suggest a 90% chance of approval for Solana ETFs, with major asset managers like VanEck, Bitwise, and Grayscale having filed applications, potentially leading to approval within three to five weeks.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
