Solana
Roast 5% in after us hours on Tuesday on a blockworks report and said US regulators move on in the regulatory process needed to make Stop Sol Exchange-Traded Funds (ETF) reality.
The US Securities and Exchange Commission allegedly asked potential issuers to change their S-1 archives in the next week, according to history, and will comment on the papers in the next 30 days after submission.
Sun jumped over $ 164 in the minutes after the report rose nearly 5% over the last 24 hours.
After the debut of Bitcoin
And Ether Spot ETFs in the United States last year, asset leaders are in obtaining regulatory approval to launch similar vehicles to smaller cryptocurrencies, giving traditional investors more easily access to invest in digital assets. Several asset managers have submitted applications for SEC to launch funds that hold sun, including Fidelity, Grayscale, Franklin Templeton and Vaneck.
Coindesk reached out to potential issuers for confirmation, but had not yet heard back at the time of publication.