The SEC reportedly refused these spot Solana ETFs under Gensler’s watch because they believed they were incorrectly filed as commodity trust shares, finance lawyer Scott Johnsson explained.
The U.S. Securities and Exchange Commission took the first step toward allowing new crypto exchange-traded funds (ETFs) tracking the price of assets like Litecoin and Solana, as well as new ways ...
XRP and Solana are both making strides toward securing approval for their own spot exchange-traded funds (ETFs), each with a compelling case to be the first to cross the regulatory finish line.
As the crypto market matures, XRP (XRP-USD) and Solana (SOL-USD) are leading the charge toward securing exchange-traded funds (ETFs) approvals. Recent developments suggest a pivotal shift from ...
Solana (SOL) is currently at a pivotal moment, with its price action aligning with the recent regulatory developments regarding Grayscale’s Solana ETF. The SEC’s acknowledgment of the ETF ...
The SEC has sent ripples through the crypto world by acknowledging ETF applications for Solana (SOL-USD), Litecoin (LTC-USD), and XRP (XRP-USD). This development suggests the regulatory tide may ...
According to data from Polymarket, a decentralized prediction platform, traders see an 85% chance of a Solana ETF gaining approval in 2025, though near-term odds for July 31 approval sit lower at 39%.
(MENAFN- crypto Breaking) The Securities and Exchange Commission (SEC) is making progress in approving spot Solana exchange-traded funds (ETFs) just weeks after SEC Chair Gary Gensler expressed ...
as the SEC had previously declined to acknowledge similar filings for Solana. Bloomberg ETF analysts highlighted the importance of this move, indicating that it represents a new phase ...
The approval of such ETFs could represent a landmark development in how cryptocurrencies like Solana are integrated into mainstream financial markets. The companies involved in the application ...