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CoinShares submitted a Solana Spot ETF application to the US SEC.
Odaily News Europe digital asset management company CoinShares has submitted a Solana Spot ETF (SOL ETF) application to the U.S. SEC. This comes less than a week after seven institutions, including 21Shares and Bitwise, updated their relevant applications. Previously, Bloomberg senior ETF analyst Eric Balchunas predicted a 70% probability of approval for such products this year. (Decrypt)