SEC Delays Decision on Grayscale’s Spot Solana ETF ($SOL) Amid Increased Cryptocurrency ETF Scrutiny

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Grayscale’s proposed spot Solana exchange-traded fund (ETF). This delay reflects the SEC’s ongoing heightened scrutiny of cryptocurrency-based ETFs. The decision affects the approval timeline for Grayscale’s spot Solana ETF, which is tied to the Solana cryptocurrency (ticker: $SOL). This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant