At least seven prospective issuers, including Fidelity Investments, Grayscale, Bitwise, Franklin Templeton, Vaneck, 21Shares and Canary, simultaneously filed amended S-1 registration statements with the U.S. Securities and Exchange Commission on Friday, 13 June. The submissions seek approval to launch spot exchange-traded funds that track the price of Solana, the fifth-largest crypto token by market value. The revised documents incorporate language on in-kind redemptions and permit each fund to stake a portion of its Solana holdings, addressing disclosure points the SEC asked applicants to add earlier in the week. Fidelity’s filing introduces the proposed ticker "SOEZ," while Grayscale outlined a 2.5% management fee and switched its auditor to KPMG. Vaneck added a staking feature, and 21Shares disclosed a 1.5% fee. Fidelity oversees more than $800 billion in assets, Franklin Templeton about $1.58 trillion and Vaneck roughly $116 billion, underscoring the scale of institutions vying for a Solana product. The wave of updated filings follows recent reports that the SEC could act sooner than expected on spot Solana ETFs, after having already cleared similar products tied to Bitcoin and Ether. Market participants view the coordinated amendments as a sign that the regulator’s review is entering its final stages, potentially paving the way for the first U.S. ETFs offering direct exposure to Solana and its staking yield.