Overview
- Issuers were asked to withdraw 19b-4 forms after the SEC’s rule change, with CoinDesk reporting approvals could now arrive faster though timing remains uncertain.
- Roughly 16 ETF applications face October deadlines, including products tied to Solana, XRP, Litecoin and Dogecoin, starting with Canary’s Litecoin ETF due October 2.
- Major managers filed amended S-1s for spot Solana ETFs that include staking features, and 21Shares submitted a fresh update refining staking and operational details.
- Bitwise filed a Form 8-A for its proposed Solana ETF, a procedural step positioning the fund to list once its S-1 is cleared.
- Existing staking products show demand signals, with Bitwise’s European Solana ETP taking in about $60 million in five days and the REX‑Osprey Solana Staking ETF building sizable U.S. assets.