SEC Delays Grayscale Solana ETF Decision Until October
By: coindoo|2025/05/14 09:45:04
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This postponement was widely expected, as the SEC has up to 240 days from the initial filing acknowledgment to issue a final verdict. In this case, the deadline falls in October 2025.This move is consistent with the SEC’s standard approach to 19b-4 filings, allowing regulators time to evaluate the ETF’s compliance with federal securities laws, its structural details, and any broader market implications.The delay reflects the SEC’s ongoing cautious stance toward crypto-related financial products, particularly as it weighs the risks and regulatory complexities posed by new offerings like SOL-based ETFs. .dark-mode .read-more {background-color: #343a40 !important;} READ MORE: Crypto Market Cools as Bitcoin Retreats from Post-Tariff Highs The SEC’s review of the Grayscale Solana ETF is part of a larger wave of heightened regulatory scrutiny aimed at ensuring that digital asset products meet existing compliance standards before being approved for public trading.The post SEC Delays Grayscale Solana ETF Decision Until October appeared first on Coindoo.
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