Solana ETF faces key deadline—Why and when? – BitRss

• The SEC reviewed multiple Solana ETF filings, with decisions expected within 240 days.
• Analysts estimated a 70–84% chance of Solana ETF approval, boosting market optimism.

The excitement surrounding altcoin ETFs is reaching new heights, with Solana [SOL ($175.63)] now at the center of the latest developments.

Solana ETF gains ground

On the 18th of February, the SEC acknowledged spot SOL ETF filings from VanEck, 21Shares, Bitwise, and Canary Capital, setting the stage for a potential approval or rejection within 240 days.

Grayscale’s SOL ETF filing, added to the Federal Register on the 12th of February, faces a decision deadline of 16th October.

The SEC acknowledged Grayscale’s Solana ETF amend…