Solana ETFs Hit SEC Roadblocks Amid Administrative Shifts

Solana ETFs Hit SEC Roadblocks Amid Administrative Shifts

Administrative changes and regulatory uncertainty have caused major delays in the process of getting Solana exchange-traded funds (ETFs) approved in the United States. The Securities and Exchange Commission (SEC) has notified a number of Solana ETF issuers of a suspension on new bitcoin ETF applications, according to a report by Eleanor Terrett of Fox Business, which cited insider sources. Issuers VanEck, 21Shares, Bitwise, Canary Capital, an...

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