Several top asset managers have recently amended their Solana ETF filings with the SEC, indicating a proactive approach to garner approval for the first Solana-based spot ETF. This is seen as a competitive effort mirroring successful Bitcoin and Ethereum ETF paths.
Analysts forecast an over 90% likelihood of SEC approval for Solana ETFs by mid-October, which could attract up to 8 billion USD in investments. Additionally, Solana’s influence is recognized with substantial inflows in related products, exemplified by the REXShares Solana Staking ETF.
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