SEC督促修改申请文件，Solana ETF获批进入倒计时？

Core Viewpoint - The SEC's request for asset management companies to amend their Solana ETF applications suggests that this new type of cryptocurrency investment product may soon receive approval for listing [1] Group 1: SEC's Involvement - At least three asset management companies have received modification requests from the SEC regarding their Solana ETF applications, focusing on the redemption mechanism and staking of Solana tokens [1] - The communication from the SEC is perceived as a positive signal, indicating that formal approval could be imminent, potentially within days or weeks [1] Group 2: Technical Challenges - The complexity lies in how Solana fund issuers can replicate traditional ETF structures when dealing with speculative tokens, which operate differently from stocks and bonds [2] - It remains unclear whether these funds can use underlying crypto assets for physical redemptions instead of cash, complicating the redemption process due to custody, security, and settlement challenges [2] - Staking, a core feature of proof-of-stake blockchains like Solana, allows holders to earn yields, with Solana's staking yield exceeding 5% compared to Ethereum's approximately 2% [2] Group 3: Competitive Landscape - At least seven issuers are vying to launch Solana ETFs, including Grayscale Investments, Bitwise Asset Management, VanEck Asset Management, and Canary Capital [3] - Two ETFs proposed by REX Financial and Osprey Funds that allow staking have recently attracted SEC's attention, raising questions about their compliance with federal investment company definitions [3] - Analysts predict a 90% probability of Solana ETF approval this year, suggesting that the SEC may expedite the processing of Solana and staking ETF filings [3]