SEC Races Against Clock: Solana ETF Decision Nears as October Deadline Looms
The SEC just hit the gas on Solana ETF approvals—and Wall Street's scrambling to keep up. Here's why this altcoin's regulatory sprint matters.
The deadline shuffle
Regulators typically drag their feet on crypto products. But with the October cutoff approaching, the SEC's moving at blockchain speed—for once.
Why Solana?
Ethereum ETFs got the green light. Bitcoin's been trading for years. Now the #3 chain's getting its moment in the regulatory spotlight—just as institutional money starts eyeing 'altseason'.
The cynical take
Nothing motivates bureaucrats like an impending deadline... unless it's Wall Street lobbyists waving bonus checks. Either way, SOL bulls win.
One thing's clear: when traditional finance smells yield, even the SEC learns to hustle.
