Sol wins 5% on the Development Report of ETF Spot

Solara

Shapes 5% after American hours on Tuesday on a blockworks report saying that American regulators advanced in the regulatory process necessary to make the reality of the funds negotiated by Spot Sol (ETF).

The American Commission for Securities and Exchange would have asked potential issuers to modify their S-1 deposits in the next week, in history, and will comment on the documents in the next 30 days following the submission.

Sol has exceeded $ 164 in the minutes that followed the report, up almost 5% in the last 24 hours.

After Bitcoin’s beginnings

And Ether Spot ETF in the United States last year, asset managers rush to obtain regulatory approval to launch similar vehicles for small cryptocurrencies, offering traditional investors easier to invest in digital assets. Several asset managers have filed requests from the SEC to launch funds holding soil, including Fidelity, Grayscale, Franklin Templeton and Vaneck.

Coindesk contacted potential transmitters for confirmation but had not yet heard at the time of publication.

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