SEC Solana ETF ruling delay

robot
Abstract generation in progress

Key Points:* SEC delays Solana ETF decisions; cites need for legal review.

  • The ruling postponement impacts Solana’s market dynamics.
  • Investors remain optimistic for potential 2025 approval. The U.S. Securities and Exchange Commission announced on May 20, 2025, that it is delaying decisions on several Solana spot ETF applications from major asset managers.

The delay underscores ongoing regulatory scrutiny and its implications for Solana’s institutional market potential remain a focal point of investor speculation.

SEC Postpones Solana ETF Decisions Amid Legal Review

The U.S. Securities and Exchange Commission (SEC) has deferred its decision on several Solana spot ETF applications from 21Shares, Bitwise, VanEck, and Canary Capital, noting a need for further legal examination. This postponement reflects ongoing hesitation in regulatory circles towards crypto ETF approvals.

This delay postpones potential institutional investment into Solana, temporarily affecting market sentiment. Historical parallels suggest that eventual SEC approval could result in notable increases in capital flows towards the asset.

“The filing does not reflect the likelihood of the regulator approving or rejecting these funds. The SEC stated… ‘The filing does not reflect a possible conclusion of the regulator’s position on approval or rejection…'”

Solana Price Volatility and Market Predictions for 2025

Did you know? The approval of Bitcoin spot ETFs in early 2024 led to a 75% increase in institutional investment inflows, suggesting a potentially similar impact for Solana if approved.

As per CoinMarketCap, Solana (SOL) trades at $167.10 with a market cap of $86,879,220,347. The 24-hour trading volume is $4,351,685,166 showing a 6.77% change. SOL’s price decreased by 0.91% over the last day and by 3.06% over the past week.

Solana(SOL), daily chart, screenshot on CoinMarketCap at 00:52 UTC on May 20, 2025. Source: CoinMarketCap The Coincu research team emphasizes that regulatory outcomes will significantly affect Solana’s future investment landscape. A potential approval could drive institutional interest, similar to Bitcoin’s past ETF outcomes, enhancing Solana’s market positioning.

The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments