{"id":11680,"date":"2025-09-30T10:30:13","date_gmt":"2025-09-30T10:30:13","guid":{"rendered":"https:\/\/www.coinspeaker.com\/fr\/?p=11680"},"modified":"2025-09-30T09:21:49","modified_gmt":"2025-09-30T09:21:49","slug":"etf-solana-approbation-sec","status":"publish","type":"post","link":"https:\/\/www.coinspeaker.com\/fr\/etf-solana-approbation-sec\/","title":{"rendered":"Solana : l\u2019approbation d\u2019un ETF spot d\u00e9sormais jug\u00e9e certaine"},"content":{"rendered":"<h2>La fin du carcan des d\u00e9p\u00f4ts 19b-4<\/h2>\n<p>Le march\u00e9 crypto pourrait vivre l\u2019un de ses tournants les plus marquants depuis l\u2019arriv\u00e9e des premiers ETF Bitcoin. <a href=\"https:\/\/www.bloomberg.com\/authors\/ADUgYkp2OlE\/eric-balchunas\" target=\"_blank\" rel=\"\">Eric Balchunas<\/a>, analyste senior chez Bloomberg et sp\u00e9cialiste reconnu des fonds indiciels, estime d\u00e9sormais que les chances de voir un ETF spot adoss\u00e9 \u00e0 Solana valid\u00e9 par la SEC atteignent <strong>100 %<\/strong>. Pour lui, la m\u00e9canique r\u00e9glementaire ne laisse plus place au doute : la question n\u2019est plus \u201csi\u201d, mais \u201cquand\u201d.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"474\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Honestly the odds are really 100% now. Generic listing standards make the 19b-4s and their \u201cclock\u201d meaningless. That just leaves the S-1s waiting for formal green light from Corp Finance. And they just submitted amendment #4 for Solana. The baby could come any day. Be ready. <a rel=\"noopener noreferrer\" target=\"_blank\" rel=\"noopener nofollow sponsored\" href=\"https:\/\/t.co\/5JtfTm82Wi\">https:\/\/t.co\/5JtfTm82Wi<\/a><\/p>\n<p>&mdash; Eric Balchunas (@EricBalchunas) <a rel=\"noopener noreferrer\" target=\"_blank\" rel=\"noopener nofollow sponsored\" href=\"https:\/\/twitter.com\/EricBalchunas\/status\/1972779124679975004?ref_src=twsrc%5Etfw\">September 29, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Jusqu\u2019\u00e0 pr\u00e9sent, l\u2019approbation de tout ETF spot suivait un parcours lourd et codifi\u00e9, via les d\u00e9p\u00f4ts dits <a href=\"https:\/\/www.sec.gov\/file\/form-19b-4-general-instructions\" target=\"_blank\" rel=\"\">19b-4<\/a>. Ce processus imposait un calendrier l\u00e9gal strict de <strong>240 jours<\/strong>, durant lequel la <a href=\"https:\/\/www.coinspeaker.com\/fr\/sec-exemption-innovation-crypto-2025\/\" rel=\"\">SEC<\/a> multipliait reports et demandes de clarification.<\/p>\n<p>Mais avec l\u2019adoption r\u00e9cente de standards de cotation g\u00e9n\u00e9riques, ce carcan dispara\u00eet. Dor\u00e9navant, l\u2019\u00e9tape des 19b-4 n\u2019a plus d\u2019importance et toute l\u2019attention se concentre sur les <strong>documents S-1<\/strong>, qui encadrent l\u2019enregistrement officiel des fonds.<\/p>\n<h2>Un dossier presque finalis\u00e9<\/h2>\n<p>Ce basculement r\u00e9glementaire change radicalement la donne pour Solana. Les \u00e9metteurs de produits financiers li\u00e9s \u00e0 l\u2019actif ont d\u00e9j\u00e0 soumis leur quatri\u00e8me amendement aux d\u00e9p\u00f4ts S-1. Ce genre de r\u00e9vision traduit g\u00e9n\u00e9ralement un dialogue pouss\u00e9 avec la SEC et annonce l\u2019ach\u00e8vement de l\u2019examen.<\/p>\n<p>Selon Balchunas, il s\u2019agit du dernier virage avant la ligne d\u2019arriv\u00e9e : l\u2019aval de la <a href=\"https:\/\/www.sec.gov\/about\/divisions-offices\/division-corporation-finance\" target=\"_blank\" rel=\"\">Division of Corporation Finance<\/a>, seule autorit\u00e9 habilit\u00e9e \u00e0 valider les S-1.<\/p>\n<h2>Solana rejoint la cour des grands<\/h2>\n<p>Si un ETF au comptant venait \u00e0 \u00eatre autoris\u00e9, cela pourrait donner un coup de projecteur \u00e9norme \u00e0 Solana qui se retrouverait donc avec Bitcoin apr\u00e8s Ethereum comme l\u2019un des rares r\u00e9seaux \u00e0 \u00eatre adoss\u00e9 \u00e0 des produits d\u2019institutionnels financiers.<\/p>\n<div id=\"attachment_11704\" style=\"width: 710px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-11704\" class=\"wp-image-11704 size-full\" src=\"https:\/\/www.coinspeaker.com\/fr\/wp-content\/uploads\/sites\/6\/2025\/09\/ETF-Bloomberg.png\" alt=\"\" width=\"700\" height=\"957\" srcset=\"https:\/\/www.coinspeaker.com\/fr\/wp-content\/uploads\/sites\/6\/2025\/09\/ETF-Bloomberg.png 700w, https:\/\/www.coinspeaker.com\/fr\/wp-content\/uploads\/sites\/6\/2025\/09\/ETF-Bloomberg-219x300.png 219w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><p id=\"caption-attachment-11704\" class=\"wp-caption-text\">Source : Bloomberg<\/p><\/div>\n<p>Au-del\u00e0 du fait d\u2019\u00eatre un symbole, cela serait l\u2019occasion d\u2019ouvrir Solana \u00e0 d\u2019autres types d\u2019investisseurs jusqu\u2019\u00e0 pr\u00e9sent exclus comme : des fonds de pension, des compagnies d\u2019assurances ou des soci\u00e9t\u00e9s de gestion d\u2019actifs traditionnelles.<\/p>\n<p>Concr\u00e8tement, l\u2019arriv\u00e9e d\u2019un ETF au comptant sur Solana pourrait permettre de d\u00e9bloquer des <strong>milliards de dollars de flux entrants<\/strong>.<\/p>\n<h2>Un climat plus favorable aux cryptos<\/h2>\n<p>Cette perspective ne surgit pas de nulle part. Depuis plusieurs mois, la <a href=\"https:\/\/www.coinspeaker.com\/fr\/sec-booste-etf-crypto\/\">SEC semble avoir adouci<\/a> sa ligne sur les cryptoactifs. L\u2019abandon des derniers avis de report sur les ETF spot a confirm\u00e9 une volont\u00e9 de mettre fin \u00e0 la politique du \u201cr\u00e9guler par l\u2019application\u201d, critiqu\u00e9e pour son impr\u00e9visibilit\u00e9.<\/p>\n<p>Parall\u00e8lement, les volumes continuent de cro\u00eetre sur les march\u00e9s \u00e0 terme et les plateformes r\u00e9gul\u00e9es, augmentant ainsi la <strong>cr\u00e9dibilit\u00e9 des cryptomonnaies<\/strong> en tant que cat\u00e9gorie d&rsquo;actifs.<\/p>\n<h2>Une \u00e9ch\u00e9ance d\u00e9sormais imminente<\/h2>\n<p>Pour de nombreux observateurs, Solana pourrait b\u00e9n\u00e9ficier d\u2019un alignement de plan\u00e8tes rarissime : un <strong>cadre r\u00e9glementaire assoupli<\/strong>, des investisseurs en qu\u00eate de diversification et une demande de plus en plus forte pour les produits crypto.<\/p>\n<p>Si l\u2019annonce se confirmait dans les prochains jours o\u00f9 les prochaines semaines, elle constituerait une victoire de premier plan pour l\u2019\u00e9cosyst\u00e8me tout en renfor\u00e7ant l\u2019id\u00e9e selon laquelle les ETF crypto seraient sur le point de devenir un socle de la finance moderne.<\/p>\n<hr \/>\n<p>Source : <a href=\"https:\/\/www.bloomberg.com\/professional\" target=\"_blank\" rel=\"\">Bloomberg<\/a><\/p>\n<hr \/>\n<p>\u00c0 lire aussi :<\/p>\n<ul>\n<li><a href=\"https:\/\/www.coinspeaker.com\/fr\/cathie-wood-hyperliquid-solana\/\">Cathie Wood : \u00ab Hyperliquid me rappelle Solana \u00e0 ses d\u00e9buts \u00bb<\/a><\/li>\n<li><a href=\"https:\/\/www.coinspeaker.com\/fr\/sec-heure-cryptos\/\">SEC : Paul Atkins admet que l\u2019heure des cryptos est arriv\u00e9e<\/a><\/li>\n<li><a href=\"https:\/\/www.coinspeaker.com\/fr\/sec-table-ronde-crypto-confidentialite\/\">Crypto et vie priv\u00e9e, la SEC pr\u00e9pare pour octobre un d\u00e9bat d\u00e9cisif \u00e0 Washington<\/a><\/li>\n<\/ul>\n<a class=\"infinscroll_next_page_link\" style=\"display:none\" href=\"https:\/\/www.coinspeaker.com\/fr\/pologne-la-sejm-loi-cryptos\/\" rel=\"prev\">next<\/a>","protected":false},"excerpt":{"rendered":"<p>L\u2019analyste de Bloomberg Eric Balchunas affirme que l\u2019approbation d\u2019un ETF spot Solana par la SEC n\u2019est plus qu\u2019une question de temps. Avec la fin des lourds d\u00e9p\u00f4ts 19b-4, tout repose d\u00e9sormais sur les documents S-1, dont la validation finale pourrait intervenir \u00e0 tout moment. Une telle d\u00e9cision propulserait Solana aux c\u00f4t\u00e9s de Bitcoin et d\u2019Ethereum dans la cour des grands, en ouvrant la porte \u00e0 des flux institutionnels massifs.<\/p>\n","protected":false},"author":200,"featured_media":11700,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,35],"tags":[],"class_list":["post-11680","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-actu","category-solana"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ETF Solana : la SEC proche d\u2019une approbation historique<\/title>\n<meta name=\"description\" content=\"La SEC pourrait bient\u00f4t approuver le premier ETF spot Solana, une d\u00e9cision cl\u00e9 qui ouvrirait la voie aux investisseurs institutionnels.\" \/>\n<meta name=\"robots\" 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ETF spot d\u00e9sormais jug\u00e9e certaine"}]},{"@type":"WebSite","@id":"https:\/\/www.coinspeaker.com\/fr\/#website","url":"https:\/\/www.coinspeaker.com\/fr\/","name":"Coinspeaker France","description":"Bitcoin, Ethereum, Altcoins et actualit\u00e9s crypto avec analyses, cours en direct, graphiques de donn\u00e9es et guides","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.coinspeaker.com\/fr\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"fr-FR"},{"@type":"Person","@id":"https:\/\/www.coinspeaker.com\/fr\/#\/schema\/person\/d793ce3fffd1844b1bf840021a85dd43","name":"Emmanuel 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Je souhaite y apporter mon approche analytique et rationnelle, tout en conservant ma curiosit\u00e9. En dehors de l\u2019\u00e9cran, je lis beaucoup (\u00e9conomie, essais, un peu de science-fiction) et je prends plaisir \u00e0 bricoler. Le DIY, pour moi, c\u2019est comme la crypto : comprendre, tester, construire soi-m\u00eame.","url":"https:\/\/www.coinspeaker.com\/fr\/author\/emmanuel\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/posts\/11680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/users\/200"}],"replies":[{"embeddable":true,"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/comments?post=11680"}],"version-history":[{"count":3,"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/posts\/11680\/revisions"}],"predecessor-version":[{"id":11708,"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/posts\/11680\/revisions\/11708"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/media\/11700"}],"wp:attachment":[{"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/media?parent=11680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/categories?post=11680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.coinspeaker.com\/fr\/wp-json\/wp\/v2\/tags?post=11680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}