📍It is very likely that $SOL will be the first altcoin to be issued spot #ETF after $ETH 📌 The US Securities and Exchange Commission (SEC) has just sent an official request to a series of Solana ETF proposing organisations such as VanEck, 21Shares, Bitwise, Fidelity... request the return of the corrected S-1 petition within 1 week. The bottom line lies in two factors: the asset exchange mechanism (in-kind) and staking - an issue that has been avoided by the SEC in the past. 📌 This response shows that the SEC does not reject the outright but wants to clarify the technical details, opening up the possibility of approval within the next 3-5 weeks, that is, as soon as July 2025. After #Bitcoin and #Ethereum, #Solana is emerging as the most potential spot ETF altcoin candidate. 📌 Notably, the SEC does not prohibit staking, but only requires clarification of the mechanism for handling staking rewards in ETFs. If Solana ETFs can integrate staking, this will be a huge step forward, opening a precedent for crypto products that integrate yield in traditional financial structures. Bloomberg once estimated that the probability of Solana ETF being approved is 90%, surpassing many other altcoins such as #XRP, #ADA, #DOGE... The SEC's proactive request for additional filings further strengthens confidence in a positive outcome. 📌 The #SOL price reacted immediately to the information, bouncing up nearly 4%, approaching the $165 area. If the ETF scenario is approved in July, Solana could become a new spark for institutional capital flows back to altcoins after the ETH ETF.