The push to list spot Solana (SOL) ETFs in the U.S. is accelerating. Several major asset managers have filed updated paperwork with regulators, signaling renewed momentum. These amendments coincide with ongoing coordination with the Securities and Exchange Commission (SEC) and come on the heels of a cluster of spot XRP ETF filings last week.
Nate Geraci Highlights Clustered Solana ETF Filings
Nate Geraci, president of The ETF Store, pointed out that a number of issuers submitted amended filings for Solana ETFs around the same time.
He named Canary, Franklin, VanEck, Grayscale, 21Shares, Fidelity, and Bitwise as among those that filed updates. Geraci said that when filings arrive in a cluster like this, it often indicates issuers are addressing similar comments or requests from the SEC. Those amended filings are a sign issuers are actively engaging with the regulator and working to meet its requirements for a spot Solana ETF. Rather than silence, repeated updates typically reflect ongoing dialogue — and, in Geraci’s view, incremental progress toward potential approval.
With several applications facing October decision windows, the timing of these updates matters. Issuers appear intent on demonstrating readiness to comply with SEC feedback while giving investors an early signal that Solana ETF approval could be nearing. XRP Filings Provide Positive Momentum for Solana ETFs
Geraci also compared the recent SOL activity to last week’s wave of spot XRP ETF filings, noting the two moves are unfolding in a similar pattern. That coordinated behavior — multiple issuers updating filings at once — often means the regulator has supplied feedback that applies across the board, a development Geraci described as “a good sign.”
The parallel between XRP and Solana filings suggests both asset classes may be advancing through the same stage of regulatory review.
Analysts see that synchronicity as potentially accelerating Solana ETF timing, especially as October approaches as a likely decision window. Overall, the clustering of amended filings for both XRP and SOL points to active discussions between issuers and the SEC and keeps investor focus trained on what the regulator decides next.
