Solarium
increased 5% after US hours. UU. Tuesday in a BlockWorks report saying that US regulators are advancing in the regulatory process necessary to realize the funds quoted in the stock exchange (ETF) Spot Sol.
According to the reports, the US stock and securities commission asked the possible emitters to amend their S-1 presentations next week, according to the story, and will comment on the documentation in the next 30 days after the presentation.
Sol jumped over $ 164 in the minutes after the report, almost 5% in the last 24 hours.
After Bitcoin’s debut
and ETF Ether Spot In the USA last year, asset administrators are competing to obtain regulatory approval to launch similar vehicles for smaller cryptocurrencies, offering traditional investors a easier access to invest in digital assets. Several asset administrators have submitted applications to the SEC to launch funds that have Sun, including Fidelity, Grayscale, Franklin Templeton and Vaneck.
Coindesk contacted possible emitters to confirm, but had not yet received a response to the time of publication.
