The US SEC has accepted Solana spot ETF applications from 21Shares, Bitwise, Canary, and VanEck

Odaily reports that multiple institutions have submitted applications to the U.S. Securities and Exchange Commission (SEC) for spot exchange-traded funds (ETFs), and the SEC has confirmed receipt and acceptance of the relevant documents. Cboe BZX Exchange has submitted a proposed rule change form to support the listing and trading of spot ETFs issued by 21Shares, Bitwise, Canary Capital, and VanEck. Previously, the applications for these companies' ETFs had been rejected. Bloomberg ETF analysts James Seyffart and Eric Balchunas stated on Monday that they believe the likelihood of the SEC approving ETFs is 70%. Franklin Templeton also appears to be preparing to join the competition for ETFs, as the company filed documents in Delaware on Tuesday to register the Franklin Trust.