Seven Solana ETF applicants have filed S-1 declarations with the Securities and Exchange Commission (SEC) of the United States on June 13; However, Bloomberg ETF analyst, James Seyffart, doubts, approval will come from next week.
“I think there must be a back and forth with the dry and the issuers to eliminate the details, so I doubt it. If someone remembers the launch of Bitcoin ETF, there were * a lot * of files in the previous two months before the launch,” said Seyffart in an article on Friday. The Bitcoin Bitcoin FNB Bitcoin based in the United States were launched in January 2024, more than ten years after the co-founders of Crypto Exchange Gemini Tyler and Cameron Winklevoss filed the first Bitcoin ETF application with the SEC in 2013.
“Language of Jaison” has been included in all documents
On June 13, Fidelity Investments filed its first S-1 recording declaration for its ETF Solana (Sol) product, while 21Shares, Franklin Templeton, Grayscale Investments, Bitwise Investments and Canary Capital filed S-1 amendments.
Vaneck – which was the first American company to deposit a Solana ETF spot in June 2024 – was the last to submit its modified S -1 file for the day.
Seyffart said: “All include a language of jealousness, I believe.” While Seyffart agreed with the point of a user X according to which the “learned lessons” of past approvals could help accelerate the process, referring to Bitcoin and Ether Spot, he said that none of such lessons applies to jalitude.
He came as an Ether (ETH) ETF spot is also being examined to add the expected implementation characteristic for a long time.
Seyffart reflects on the idea of stimulating approval for Solara and Ether Etf simultaneously
Seyffart said that it is possible that the ETF SPOT Solana “can theoretically” be launched with a staggered at the same time as the SEC approves the implementation of the ETHER SPOT.
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“But I have no glimpse of what will really happen,” said Seyffart. On April 30, Bloomberg Intelligence increased its estimated chances of the dry approving an ETF Solana in 2025 to 90%.
Meanwhile, in January, the founder of Consensys, Joe Lubin, told Cintelegraph that the issuers of ETF Ether hoped that the funds offering an exercise could “soon” be given the regulatory fire.
Tuesday, Eric Balchunas, senior analyst of FNB Bloomberg, said: “Prepare yourself for a potential summer of FNB Altcoin with Solana probably opening the way.”
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