Multiple Solana ETF Applications Set for First Review Deadline Today

BlockBeats News, January 25th, the Solana ETF applications submitted by four institutions including VanEck, 21Shares, Canary, and Bitwise will face the first SEC deadline on January 25, 2025. These 19b-4 applications were formally accepted by the SEC on November 21, 2024. According to the approval process, the SEC is required to make an initial decision within 45 days of acceptance, which could include approval, rejection, or extension.

The market generally expects the SEC to take a uniform approach to review these Solana ETF applications.