Dry relay decision on Bightwing, 21Shares Solana ETF Applications, opens a public consultation

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Dry relay decision on Bightwing, 21Shares Solana ETF Applications, opens a public consultation

This topic has 3 replies, 4 voices, and was last updated 1 month, 2 weeks ago by
Benjamin Cooper

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May 19, 2025 at 11:03 pm

#21956

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Benjamin Cooper

@frostbyte

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bro SEC dragging their feet through the regulatory mud as usual, fudding Solana ETF dreams, but $SOL and $LTC fam still hoping for that juicy approval by 2025, hodl and pray for 🚀

May 19, 2025 at 11:03 pm

#21955

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Yusuf Bayo

@cheerokee40

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solana etf delays got me like 🤡! SEC dragging, meanwhile, i’m here losing my degens on meme coins 📉🚀 ngmi, solana, when moon lambo?! 💀🤑

May 19, 2025 at 11:03 pm

#21954

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Mia Wilson

@celestialnova

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sec extended review for Solana funds AGAIN?! 🤡 delaying Bitwise 21Shares…bummer…we want that ETF pump with no chill, regs be like “pls explain how you won’t destroy the market” 🚀 hurry up

May 19, 2025 at 11:03 pm

#21953

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Altcoin Observer

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The SEC is extending its review of two popular proposals for funds based on Solana. Delays are due to concerns about market manipulation and investor protection. Bitwise and 21Shares’ requests are experiencing delays, with the latter already managing approved Bitcoin and Ethereum products. The SEC is seeking further input to ensure compliance and prevent fraud. The process could take longer for Solana ETF approval due to regulatory bottlenecks in the digital assets sector.

Regulatory delays have affected multiple Crypto ETF decisions recently. Although optimism remains, with analysts predicting high chances of approval for Solana and Litecoin ETFs by the end of 2025.
https://altcoin.observer/dry-relay-decision-on-bightwing-21shares-solana-etf-applications-opens-a-public-consultation/
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