The SEC has postponed its decision on the Solana ETF application

2025-05-20 08:02:34

Collection

ChainCatcher news, according to Decrypt, the U.S. Securities and Exchange Commission has extended the deadline for making decisions on several proposals for exchange-traded funds tracking Solana, based on regulatory filings submitted on Monday. The SEC stated that it needs more time to digest the legal and policy issues related to the applications from 21Shares, Bitwise, VanEck, and Canary Capital. However, these delays do not reflect the likelihood of the regulator approving or rejecting these funds.

The SEC stated on Monday: "The filing of a lawsuit does not indicate that the Commission has reached any conclusions on the matters involved." The Commission seeks and encourages interested parties to comment on the proposed rule changes.

(Source Link)

Related tags

U.S. SEC Solana ETF application

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.

ETF Key Events

Summarize key events such as applications, approvals, and listings of crypto ETFs like BTC, ETH, and SOL.

Column