SEC Kicks Solana ETF Can Down the Road—Again
Regulators hit snooze on crypto’s hottest ETF race
Another delay, another sigh from SOL bulls. The SEC punted its decision on VanEck and 21Shares’ Solana ETF proposals—marking the third bureaucratic stall since January. Chair Gensler’s team now has until March 2026 to decide whether to embrace the ’Ethereum killer’ or strangle it with red tape.
Wall Street’s compliance drones earn their keep
While traders itch for SOL’s institutional moment, lawyers rack up billable hours dissecting ’security’ definitions. The delay follows predictable form: Bitcoin ETFs took a decade, Ethereum’s approval dripped out in slow motion. Now Solana joins the queue—just as its DeFi ecosystem flips ETH’s weekly volume.
Memo to crypto builders: the SEC moves at geological speeds. Meanwhile, SOL price barely budged on the news—because nothing says ’efficient markets’ like regulators being predictably unpredictable.
The U.S. SEC has again delayed the ruling for two major solana (SOL) spot ETF applications, keeping investors and crypto traders on waiting. The two applications by Bitwise and 21Shares are now being extended in review, as the SEC starts new proceedings to determine... Read More
