Solana ETF may be approved as early as next week

ChainCatcher reported that issuers are preparing for approval from the U.S. Securities and Exchange Commission (SEC), which could come as early as next week. Sources revealed that behind the scenes, issuers are preparing for the possibility that the SEC may give the green light to a SOL ETF within days. Insiders related to three different ETF issuers indicated that next week could be the time when the Solana ETF is approved.

Analysis suggests, "The biggest obstacle to the approval timeline is a U.S. government shutdown, during which listing approval is extremely unlikely to occur."