Solana, Pudgy Penguins ETF Filings Added to SEC’s Crypto To-Do List

US regulators on Wednesday added separate applications to their dockket for the proposed fund that suffered Exchange ia the rule of change This would allow a list of an investment product related to PUDGY PENONUINS tokens.

Invesco galaxy Solana Etf He joins a list of eight other funds that would monitor the sixth -largest cryptocurrency performance by market capitalization.

Meanwhile, 19b-4 claim Cboe would allow the canarin pencin to trade on exchange.

Applications are among the latest achievements in the increasingly heated crypto eTf space, which has increased from the dramatic success of the spot Bitcoin and Ethereum in the last 18 months, and in the midst of a more transparent political environment for cryptocurrency products.

Sec weighs more than two dozen apps for ETFs based on Altcoin, including not only Solana, but XRP, Dogecoin, Cardano, Polcadot and Heder.

Earlier this month, seven Solan Solan funds have submitted modified S-1 SEC patterns, clarifying a language that would allow them to invest the salt pans they hold.

The investment refers to the procedure of the release of the tokens on the decentralized network in exchange for yield or financial awards.

Its inclusion in the ETFS is a point of quarrels among federal regulators that are previously deferred Their decision on investing in Ethereum ETFs due to concern about the financial and security risks represented by practice.

Saltworks,, Xrpand Litecoin Spot etf -ovi are near the lock with 95% of the outcomes for the approval of the US Securities Commission by the end of 2025, according to assessment Last week, analysts Eric Balchunas and James Seyffart from Bloomberg.

DogecoinCardano, polkadot, heder and Avalanche Spot ETF apps have 90% likelihood of approval by the end of the year. Such altcoin funds seemed unlikely to the success of the BTC ETF, which created $ 47 billion and $ 4 billion in net investments.

Invesco Galaxy Solana Etf will trade below the QSOL tags. Galaxy Digital Funds will serve as an agent for the execution of the fund, shopping and sale Sol -Au Fund name. Coinbase will serve as a guardian of the fund.

The CRIPTO directed investment management company Canary Capital filed for its Pudgy Ponguin Fund in March, one of several other Altcoin ETFs who suggested in SEC.

Solana, the birth certificate of Solana network, recently traded at $ 143, which is lower by almost 1% in the last 24 hours.

In the last month it has decreased by about 18%because most of the altcoin has experienced a decline. However, the favored blockchain remains among many developers because of its speed and efficiency.

The Pengu was roughly unchanged from Tuesday at the same time and fell 22% in the last month.

Edited Sebastian Sinclair