Solana ETF: SEC opens 21-day review period – What’s next? – BitRss

• The SEC opened a 21-day comment period for the proposed Grayscale Solana ETF listing
• Analysts see the SEC’s acknowledgment as a potential turning point for Solana ETF approvals

The U.S. Securities and Exchange Commission has opened a 21-day comment period on a proposal from NYSE Arca to list and trade the Grayscale Solana Trust.

The filing, officially recognized as a 19b-4 submission, is part of efforts to expand crypto-related investment products.

As the comment period unfolds, industry participants are closely watching for developments and implications for the broader crypto market.

SEC acknowledges 19b-4 filing for Grayscale Solana trust

The U.S. SEC has acknowledged a 19b-4 filing from NYSE Arca to list and trade Solana’s[SOL ($190.45)] ETFs. This marks an important step in the two-part process for launching a spot crypto ETF.

The first part involves the exchange proposing the listing, followed by the SEC’s review and a public comment period.

The SEC has opened a 21-day window for public comments after its publication in the Federal Register. Industry stakeholders, investors, and interested parties are invited to s…