Analyst: Multiple Solana ETFs may be approved within weeks as several asset management firms simultaneously revise their application documents

ChainCatcher reported that several asset management companies collectively updated their Solana ETF application documents on Friday, marking another round of intensive revisions following similar activities.

Several of the updated application documents include detailed information on how the funds plan to earn additional income for their holdings by staking SOL tokens. Analysts believe that this coordinated wave of application revisions indicates close cooperation between asset management firms and the U.S. Securities and Exchange Commission (SEC), and predict that these Solana ETF products could officially enter the market within weeks.