Solana ETFs could be approved in 3-5 weeks, SEC signals openness to staking

The US SEC has asked Solana ETF issuers to amend their S-1 forms within a week, suggesting potential approval within three to five weeks. This decision could significantly boost the price of SOL.

Analysts from Bloomberg Intelligence indicated an approval probability of 90% for Solana ETFs, similar to forecasts for Litecoin ETFs. This indicates strong industry optimism regarding staking in Solana ETFs.