Solana ETFs have just suffered a huge setback — here’s why

The U.S. SEC looks reluctant to approve Solana ETFs, with the regulator undecided on whether or not SOL is a security. It took years for exchange-traded funds based on Bitcoin’s spot price to hit the U.S. markets — and it…

Aug 21, 2024 - 15:00
Solana ETFs have just suffered a huge setback — here’s why
The U.S. SEC looks reluctant to approve Solana ETFs, with the regulator undecided on whether or not SOL is a security. It took years for exchange-traded funds based on Bitcoin’s spot price to hit the U.S. markets — and it…

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