Overview

• The SEC’s adoption of generic listing standards has sidelined the 19b-4 review clock, leaving S-1 sign-off by the Division of Corporation Finance as the decisive step.
• Solana ETF issuers have refreshed filings, with a fourth amendment submitted for Solana’s S-1 as preparations for potential launch advance.
• Bloomberg’s Eric Balchunas says approval is effectively certain, characterizing the odds at 100% after the procedural shift.
• The SEC has withdrawn remaining delay notices for multiple crypto ETF applications, signaling a path to decisions without further holdups.
• Analysts expect speculative buying ahead of launch with possible sell-the-news pressure, noting Bitcoin ETFs’ swift early inflows and Ethereum’s initially mixed flows.