The U.S. Securities and Exchange Commission has asked issuers to submit amended S-1 forms by the third week of June 2025; an encouraging sign that the review process is advancing.
This move comes on the heels of Bloomberg Intelligence placing 90% odds on approval, driven by Solana’s surging TVL and network activity
Some issuers have already updated filings to include staking, though analyst James Seyffart cautions,
“Possible but def not guaranteed. Could theoretically approve the SOL ETFs to launch with staking at same time they approve staking in ETH etfs. But i have no insight into what will actually happen.”
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