The US Securities and Exchange Committee (SEC) has requested the directors of potential funds who seek to provide immediately used boxes in Solana (SOL) to amend their S-1 models next week. According to the people familiar with the matter, the American SEC intends to make comments on the amended application of the S-1 forms in the next thirty days.
The agency, on the surface, asked the potential Solana Etf exporters to update their offers regarding in -kind retreats. In addition, the agency asked the fund managers to update their files accordingly on the reckless approach.
Solana Etf stain is an imminent approval?
As Coinpedia mentioned, some of the fund managers who seek to provide investment funds in Solana Solana include Fidelity Investments, Grayscale Investments, VANECK, Franklin Templeton, 21shares, Canary Capital, BitWise Asset Management.
The last step written by SEC in the United States indicates a great opportunity to agree to Sot Solana Etf, like July. After SEC move, polymarket Traders now expect that there is a 91 percent opportunity, as the Solana ETF spot will be adopted by the end of this year.
It attracted preparedness by the United States to create clear encryption regulations more institutional investors in the area of digital assets and web3.
What next at the price of the Sol?
After this announcement, Sol PRICE jumped more than 5 percent on Tuesday to circulate about $ 164 during the mid -northern American session. The large large evaluation, with a fully diluted evaluation, follows about $ 98 billion and the average trading volume 24 hours a day, about $ 4.2 billion, a similar Syrian style similar to ETHEREUM (ETH) among FOMO traders.
According to To the encryption analyst Ali Martinez, Sol PRICE was preparing for a harmony in the near future. Moreover, data on the series show that institutional investors, led by Sol strategies, have accumulated more strongly in the recent past.
