SEC Rejects Solana ETF Applications, Stalling Crypto’s ETF Expansion

The U.S. Securities and Exchange Commission (SEC) has blocked Solana ETF applications, marking a significant setback for crypto investors. With Solana’s spot exchange-traded fund plans now stalled, this decision underscores the SEC’s ongoing resistance to new cryptocurrency ETFs. SEC’s Stance on Crypto ETFs Remains Cautious According to Fox Business’ Eleanor Terett, the SEC informed at least... source: https://news.shib.io/2024/12/06/sec-rejects-solana-etf-applications-stalling-cryptos-etf-expansion/?utm_source=rss&utm_medium=rss&utm_campaign=sec-rejects-solana-etf-applications-stalling-cryptos-etf-expansion