Insiders: Solana Spot ETF is expected to be approved next week.

[Insider: Solana Spot ETF expected to be approved next week] According to Blockworks, multiple Solana ETF issuers are preparing for approval from the U.S. Securities and Exchange Commission (SEC), with reports suggesting that the Solana Spot ETF could be approved as early as next week. An informed source stated that there is "high confidence" in the effectiveness of the S-1 forms submitted in the first half of October. The recent S-1 amendments also involve staking functions, but it remains unclear whether they will be included in the final product. The only potential hurdle is a possible government shutdown in the U.S., during which the approval process would be paused.