Solana ETFs Capture Investor Attention

The momentum for crypto-focused exchange-traded funds (ETFs) in the U.S. is rapidly increasing. Nate Geraci, holding the position of President at NovaDius Wealth Management, indicates that Solana-based ETF applications emphasizing staking could gain approval by mid-October. Sharing his insights on platform X, Geraci foresees these approvals occurring within the upcoming fortnight. Notably, the latest applications directed to the U.S. Securities and Exchange Commission (SEC) involve major investment entities, such as Franklin Templeton, Fidelity Investments, CoinShares, Bitwise, Grayscale, VanEck, and Canary Capital.