Several Companies Submit Revised S-1 Filings for SOL ETF Registration Statements

According to a report by Jinse Finance, Franklin Templeton, Bitwise, Fidelity, Canary Capital, CoinShares, Grayscale, and VanEck have submitted amended S-1 registration statements to the U.S. Securities and Exchange Commission (SEC). Grayscale’s filing reveals that it plans to charge a 2.5% fee for its fund, payable in SOL. The SEC is currently weighing several proposals to launch SOL ETFs, as well as dozens of funds tracking cryptocurrencies such as XRP and DOGE. Under the Trump administration, the SEC has adopted a more favorable stance toward digital assets, indicating signs that these funds may ultimately be approved.