SEC Delays Approval of Multiple Solana ETF Applications, Says More Time Needed to Evaluate Legal and Policy Issues

Odaily News The U.S. Securities and Exchange Commission (SEC) announced on Monday that it would postpone its decision on multiple spot Solana ETF applications submitted by 21Shares, Bitwise, VanEck, and Canary Capital. The SEC stated in a regulatory filing that it needs more time to digest the legal and policy issues related to these applications. (Decrypt)