SEC Delays Solana ETF Decision: Bitwise & 21Shares Left in Regulatory Limbo
Wall Street's favorite game—delay, dilute, repeat—plays on as the SEC kicks Solana ETF approvals down the road.
No surprises here: regulators bought themselves another 45 days to 'review' filings from Bitwise and 21Shares. Because nothing screams 'efficient markets' like bureaucratic foot-dragging.
Meanwhile, SOL traders shrug—used to this dance by now—while the suits in D.C. debate whether crypto deserves a seat at the big kids' table.
Fun fact: The same agency greenlit Bitcoin ETFs after a decade of resistance. At this rate, Solana might get its turn by 2035... if it survives the next three market cycles.
