Multiple potential SOL ETF issuers have submitted updated S-1 filings.

[Multiple potential SOL ETF issuers submitted updated S-1 filings] On Friday, several companies submitted updated S-1 filings to list Spot Solana exchange-traded funds. Some experts say this move indicates that the U.S. Securities and Exchange Commission (SEC) is closer to approving these products. According to a series of regulatory documents, investment firms Franklin Templeton, Galaxy Digital, and VanEck have submitted updated S-1 filings, which are the registration statements required for an ETF to obtain approval for public trading by the SEC. Fidelity also submitted its Solana fund S-1 filing on Friday, with one insider saying, “This is Fidelity’s first S-1 filing for a Solana ETP Spot.”