SEC Kicks Can Down Crypto Boulevard—Delays Grayscale’s Solana and Litecoin ETFs (Again)
Regulators hit snooze on crypto’s big moment—Grayscale’s Solana and Litecoin ETF proposals gather dust in SEC purgatory.
Another Delay, Another Eye-Roll
The SEC—never ones to rush unless it’s about collecting fees—punted its decision deadline to at least late 2025. Classic bureaucratic foot-dragging or calculated hesitation? Either way, traders yawn while arbitrage sharks circle.
Trust the Process? Crypto’s Getting Impatient
With spot Bitcoin ETFs now old news, the market’s itching for the next liquidity wave. But the SEC’s ’measured approach’ looks more like a stalling tactic—Wall Street’s old guard still allergic to 24/7 markets.
Meanwhile in Crypto-Land...
DeFi protocols laugh while posting record volumes, proving innovation doesn’t wait for permission. The irony? These delays might push more capital into unregulated avenues—precisely what regulators claim to prevent.
The U.S. SEC is taking more time to decide on two new crypto ETFs from Grayscale. These ETFs are for Solana (SOL) and Litecoin (LTC), and they would let people invest in these popular cryptocurrencies through regular investment accounts. But for now, the SEC says it... Read More
