According to ChainCatcher, The Block reported that 21Shares has submitted the S-1 filing for a Solana spot ETF to the U.S. Securities and Exchange Commission (SEC), with its competitor VanEck also submitting the filing the day before. 21Shares has become the second company to apply for a Solana ETF in the U.S.The 21Shares Core Solana ETF will trade on the Cboe BZX Exchange and will have its assets custodied by Coinbase Custody. According to the company's S-1 filing, redemptions will be made in-kind rather than in cash. Like VanEck, 21Shares also believes that Solana's native token should be considered a commodity. However, legal experts indicate that due to the lack of a regulated SOL futures market and the SEC enforcement division's previous statement that SOL is a security, the Solana spot ETF is unlikely to receive SEC approval.

ChainCatcher news, issuers such as Bitwise, Invesco Galaxy, Fidelity, Grayscale, and 21Shares have submitted their S-1 filings for Ethereum spot ETFs to the U.S. Securities and Exchange Commission (SEC).Previous news, after various issuers have successively submitted S-1/A and other documents for spot Ethereum ETFs to the SEC, the fees for 9 spot Ethereum ETFs have now been announced.

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on X platform: "It is reported that the SEC finally responded to the issuers today, requesting them to return the final S-1 filing (including fees) by Wednesday, and then apply for effectiveness after the market closes on Monday, so that it can be issued on Tuesday, July 23."

ChainCatcher news, according to The Block, following VanEck's submission of a revised S-1 registration statement, 21Shares, BlackRock, Fidelity, Franklin Templeton, and Grayscale also submitted amended S-1 registration statements before the deadline.VanEck stated that it will waive the fees for its spot Ethereum ETF from the outset, while Franklin Templeton has set its fee at 0.19%. Some issuers, such as BlackRock, have not yet set their fees.

ChainCatcher news, according to the SEC website, 21Shares has submitted the S-1 filing for the Solana ETF.

ChainCatcher news, according to a report by BlockWorks citing sources, due to the "minimal" changes in the last S-1 round, the SEC can contact the issuer "at any time" to inform them of the fund's issuance date. In other words, issuers do not expect any additional comments from the Securities and Exchange Commission. The launch date of the Ethereum spot ETF is entirely in the hands of the SEC, which can speed up or slow down the process at will.A second source familiar with ETH fund documents noted that while the issuer has not received further comments from the SEC after the latest S-1 adjustments, there may be at least one more round of comments. The source added, "The timeline for the launch is unclear, but we reasonably expect it to be launched within the next two to three weeks."

ChainCatcher news, Watcher.Guru posted on social media that 7 Ethereum spot ETF applicants have submitted updated versions of their S-1 filings, including: Bitwise, Fidelity, VanEck, Franklin, 21Shares, Grayscale, and BlackRock.

According to ChainCatcher, The Block reported that two insiders revealed that the proposed Ethereum spot ETF issuer received comments on the S-1 filing from the U.S. SEC last week and plans to submit a response by this Friday. A source from one of the issuers stated that the latest round of comments is "reasonable" and is expected to be approved soon.Another insider mentioned, "I expect someone will submit the documents soon this week, and then we'll see how many more rounds of applications are needed."In May of this year, the Ethereum spot ETF 19b-4 form was approved, after which the issuer submitted the first round of S-1 drafts. SEC Chairman Gary Gensler stated that the approval timeline for the S-1 will largely depend on how quickly the issuer responds to the SEC's feedback.

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on social media that the Bloomberg analyst team has moved up the launch date of the Ethereum spot ETF to July 2. It is heard that the staff sent comments on the S-1 to the issuer today, and the comments were minimal with no major issues, requesting a response within a week. They are very likely to announce effectiveness next week and resolve this matter before the holiday. Any progress is possible, but this is the best guess at the moment.

ChainCatcher news, according to the latest S-1 filing submitted to the U.S. Securities and Exchange Commission (SEC) on Friday by Franklin's spot Ethereum ETF, the ETF will only charge clients an annual fee of 0.19% on the ETH held in its fund.

ChainCatcher news, according to The Block, on Friday Franklin Templeton, VanEck, and Invesco Galaxy submitted revised Ethereum spot ETF S-1 forms to the U.S. Securities and Exchange Commission (SEC). According to the documents submitted, Franklin Templeton plans to charge a fee of 0.19%. VanEck stated in its latest revised S-1 document that the company has secured $100,000 in seed funding. Invesco Galaxy added in its latest revised S-1 document that BNY Mellon will act as the cash custodian, while Coinbase Custody Trust Company will serve as the Ethereum custodian.

ChainCatcher news, The ETF Store President Nate Geraci posted on social media: "No one knows exactly when the SEC will approve the Ethereum spot ETF S-1 (registration statement), but I expect it to be approved in the coming weeks, at most 2 to 3 months. In my view, after the Bitcoin spot ETF and Ethereum futures ETF, the heavy lifting has been done. The only question is how long the SEC wants to delay."

ChainCatcher news, according to Cointelegraph, Bloomberg ETF analyst James Seyffart has consistently stated that the S-1 approval for the Ethereum spot ETF could be completed "within weeks," but he also noted that "it may take longer," as the process typically takes up to five months.However, Bloomberg ETF analyst Eric Balchunas responded, saying, "Mid-June is definitely possible." Balchunas expects there will only be one round of comments on the S-1 amendment, similar to the feedback provided by the SEC to Bitcoin spot ETF applicants. He pointed out that this process takes about two weeks, which is how he arrived at the mid-June estimate.

ChainCatcher news, according to The Block, sources have revealed that the U.S. Securities and Exchange Commission has engaged in discussions with potential Ethereum ETF issuers regarding the S-1 registration statement.Although the revised 19b-4 form has been submitted, there has been little progress on the S-1 form so far.

ChainCatcher news, Fox reporter Eleanor Terrett stated that the SEC staff and the spot Ethereum ETF issuers have begun discussions regarding the S-1 filing, concluding that there is still work to be done.

ChainCatcher news, Fidelity submits an updated version of its S-1 filing for the Ethereum spot ETF application.

ChainCatcher news, according to the SEC official website, WisdomTree has submitted an updated S-1 filing for its Bitcoin spot ETF again.

ChainCatcher news, according to the SEC official website, BlackRock and VanEck have resubmitted the Bitcoin spot ETF S-1 update file.