The SEC reportedly refused these spot Solana ETFs under Gensler’s watch because they believed they were incorrectly filed as commodity trust shares, finance lawyer Scott Johnsson explained.

XRP and Solana are both making strides toward securing approval for their own spot exchange-traded funds (ETFs), each with a compelling case to be the first to cross the regulatory finish line.

The SEC has sent ripples through the crypto world by acknowledging ETF applications for Solana (SOL-USD), Litecoin (LTC-USD), and XRP (XRP-USD). This development suggests the regulatory tide may ...

(MENAFN- crypto Breaking) The Securities and Exchange Commission (SEC) is making progress in approving spot Solana exchange-traded funds (ETFs) just weeks after SEC Chair Gary Gensler expressed ...

Solana (SOL) is currently at a pivotal moment, with its price action aligning with the recent regulatory developments regarding Grayscale’s Solana ETF. The SEC’s acknowledgment of the ETF ...

as the SEC had previously declined to acknowledge similar filings for Solana. Bloomberg ETF analysts highlighted the importance of this move, indicating that it represents a new phase ...

The U.S. Securities and Exchange Commission took the first step toward allowing new crypto exchange-traded funds (ETFs) tracking the price of assets like Litecoin and Solana, as well as new ways ...

VanEck is among a bunch of U.S. firms that filed for a Solana ETF in 2024. Previously, the U.S. Securities and Exchange Commission (SEC) had previously refused to acknowledge several applications ...

(MENAFN- crypto Breaking) The competition between XRP and Solana for the approval of a crypto ETF is heating up in the digital asset market. Both cryptocurrencies are vying for a spot in an ...

as the SEC had previously declined to acknowledge similar filings for Solana. Bloomberg ETF analysts highlighted the importance of this move, indicating that it represents a new phase, particularly ...