Analyst Predicts Solana Staking ETFs To Be Approved For Trading Within Two Weeks — Is $300 SOL Next Stop?

Multiple applications for Solana (SOL) staking exchange-traded funds (ETFs) are poised to secure the regulatory nod from the U.S. Securities and Exchange Commission (SEC) in the coming weeks. In a recent post on the X social media platform, Nate Geraci, the president of NovaDius Wealth Management, pointed out that on Friday, asset managers, including Franklin Templeton, Grayscale Investments, VanEck, Canary Capital, Bitwise, and Fidelity, all submitted revised S-1 registration statements for their spot SOL ETFs to the SEC to clarify details around their staking activity.