Multiple ETF issuers have submitted S-1 amendment documents for the SOL Spot ETF, advancing the ETF listing process.

On August 1, several institutions planning to launch Solana Spot ETFs submitted amended registration statements to the United States SEC (SEC) this Thursday, marking that the Solana ETF may soon receive SEC approval. Among them, Franklin Templeton, Bitwise, Fidelity, Canary Capital, CoinShares, Grayscale (Grayscale), and VanEck all submitted S-1 form amendments. Grayscale disclosed in the document that its fund plans to charge a 2.5% management fee (paid in SOL). Nate Geraci, president of NovaDius Wealth, stated that these amendments indicate that the SEC and issuers are refining the language of the prospectus. "The amended documents do not have substantive differences; clearly, the SEC and the issuers are in dialogue to refine the terms."