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LAST MINUTE: Movements in Altcoin Spot ETFs! Fidelity has joined those applying for this altcoin!
According to the latest information, investment giant Fidelity has filed for a spot ETF for Solana.
Additionally, tonight is quite active for altcoin spot ETFs. Bitwise and Canary companies have also updated their Solana Spot ETF S-1 applications to include a staking feature.
A few hours ago, Invesco Galaxy's Solana Spot ETF application was registered in Delaware. Although this does not mean approval, the ETF application is being evaluated positively.
However, although the SEC has approved spot ETFs for Bitcoin and Ethereum, it has not allowed such a product for any altcoin other than ETH. The approved Ethereum spot ETFs were granted permission from the SEC on the condition that they do not include a staking feature. With the new crypto-friendly SEC administration, it is expected that more altcoin spot ETFs will be approved, and that staking features will also be allowed.
*This is not investment advice.
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