[The SEC Delays Solana ETF Approval to October 16] The United States Securities and Exchange Commission (SEC) has postponed its decision on the approval of the Bitwise Solana ETF and the 21Shares Core Solana ETF until October 16. The SEC stated in the announcement that this move is to allow sufficient time to review the relevant proposals and address the questions raised. Previously, Solana ETF applications, including those from Grayscale and Fidelity, also faced similar delays, which has become a routine practice for the SEC in handling encryption ETF proposals.
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The US SEC has postponed the approval of the Solana ETF to October 16.
[The SEC Delays Solana ETF Approval to October 16] The United States Securities and Exchange Commission (SEC) has postponed its decision on the approval of the Bitwise Solana ETF and the 21Shares Core Solana ETF until October 16. The SEC stated in the announcement that this move is to allow sufficient time to review the relevant proposals and address the questions raised. Previously, Solana ETF applications, including those from Grayscale and Fidelity, also faced similar delays, which has become a routine practice for the SEC in handling encryption ETF proposals.