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SOL jumps as SEC asks issuers to resubmit Solana ETF S-1 filings
Solana (SOL) rose 3% on Tuesday following reports that the Securities & Exchange Commission (SEC) asked firms to resubmit their Solana exchange-traded funds (ETF) S-1 filings within the upcoming week, according to Blockworks. The SEC requested firms that filed for Solana ETFs resubmit their S-1 registration statements in the upcoming week, according to a Blockworks report on Tuesday, citing private sources. The agency requested that issuers modify the language of in-kind redemptions and also outline their approach to staking with the ETFs. The report mentioned that the SEC is open to allowing staking for Solana ... (full story)
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