Solana Spot ETF Set to Receive SEC Approval as Early as Next Week

BlockBeats News, October 1st, sources familiar with three different ETF issuers told Blockworks that next week could be a realistic timeline for the approval of a Solana spot ETF. However, two sources pointed out that the imminent U.S. government shutdown could impact the situation. One of the sources stated that a potential government shutdown at midnight could bring everything to a standstill.

Another source stated that they are "highly confident" that the Solana ETF's S-1 filing will become effective in the first half of October. It is currently unclear whether the issuer anticipates that the approved spot SOL ETF will include staking, but the most recent amendment to the S-1 does indeed address staking.