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Four Solana ETF applications will face the SEC's first review deadline on January 25th next year

2024-12-04 07:30

Odaily Planet Daily News: Bloomberg terminal data shows that the Solana ETF applications submitted by VanEck, 21Shares, Canary, and Bitwise will face the SEC's first review deadline on January 25, 2025. The 19b-4 applications of these four institutions were officially accepted by the SEC on November 21, 2024. According to the approval process, the SEC needs to make its first decision within 45 days of acceptance, which may be approved, rejected, or postponed. In addition, the Solana Trust Fund ETF conversion application submitted by Grayscale earlier had an initial review deadline of January 23, 2025. Earlier today, it was reported on the official website of the New York Stock Exchange that Grayscale Investments and the New York Stock Exchange (NYSE) have submitted the 19b-4 filing for the Solana ETF to the US SEC.

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