21Shares Updates Spot Solana ETF Application With Amended S-1 Filing

Key Points:21Shares has submitted an amended S-1 filing to the U.S. SEC for its Spot Solana ETF.The filing represents progress in the review process as multiple firms push for crypto-based ETFs.The amendment comes as Solana ETFs gain momentum alongside Bitcoin and Ethereum fund approvals.Filing DetailsAccording to the latest disclosure, 21Shares has filed an updated S-1 registration statement for its proposed Spot Solana ETF with the U.S. Securities and Exchange Commission (SEC). The move indicates continued dialogue with regulators as asset managers refine their applications to meet SEC standards.Broader ETF LandscapeThe amendment follows rising interest in Solana-based investment products, as several asset managers seek to expand beyond Bitcoin and Ethereum ETFs. The SEC is expected to issue multiple ETF rulings in October 2025, a decision window that could set a precedent for Solana and other altcoin ETFs.If approved, the 21Shares Solana ETF would allow U.S. investors to gain regulated exposure to SOL, one of the market’s largest cryptocurrencies, t