SEC Hits Pause on Solana ETF Approval – Kicking the Can to Public Opinion
Regulators punt on making a call—again—while ’seeking input’ from the same retail traders they usually ignore.
Solana joins the ETF waiting game as Wall Street’s favorite procrastination tactic gets another workout. The SEC’s latest delay sparks déjà vu—just swap ’Bitcoin’ for ’SOL’ in last year’s playbook.
Public comments now open! (Spoiler: They’ll collect dust beside the 10,000+ unanswered crypto proposals.) Meanwhile, institutional players keep stacking SOL OTC—because nothing says ’democratic finance’ like bypassing the public markets entirely.