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Nate Geraci: Multiple Firms File Spot Solana ETF Updates

Published by
Sohrab Khawas

Leading asset managers including Franklin, Fidelity, CoinShares, Bitwise, Grayscale, VanEck, and Canary have filed new amendments for spot Solana ETFs that include staking rewards. Nate Geraci, CEO of The ETF Store, predicts SEC approval could come within the next two weeks, following the positive reception of earlier Solana staking ETFs. This development represents a major milestone, giving investors the opportunity to earn staking income alongside potential price appreciation. The upcoming weeks could be a pivotal moment for crypto ETF markets.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Published by
Sohrab Khawas
Tags: Crypto news

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