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SEC Kicks Can Down Crypto Boulevard—Grayscale’s Solana ETF Decision Delayed Again

SEC Kicks Can Down Crypto Boulevard—Grayscale’s Solana ETF Decision Delayed Again

Author:
Blockworks
Published:
2025-05-13 20:30:44
15
2

SEC not ready to decide on Grayscale Solana ETF

Regulators hit snooze on the crypto alarm clock as Wall Street’s favorite ’wait-and-see’ strategy strikes again. The SEC’s Solana ETF verdict—now stuck in bureaucratic purgatory—leaves traders staring at charts like tarot cards.

Meanwhile, Grayscale’s application gathers dust alongside a growing pile of ’innovation’ that somehow always needs more paperwork. Classic finance: moving at the speed of dial-up while blockchain outpaces broadband.

Bonus jab: At this rate, the SEC will approve a Solana ETF right after they finish investigating that one suspicious Dogecoin tweet from 2021.

|Square

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