SEC shifts decision about 21shares and Bitwise Solana ETF: More time for testing staking, legal aspects and investor protection

Die U.S. Securities and Exchange Commission (SEC) hat die Entscheidung über die ETF-Anträge von 21Shares und Bitwise für Solana verschoben. Diese Verzögerung erfolgt, da die SEC zusätzlich Zeit benötigt, um verschiedene Faktoren zu überprüfen. Dabei stehen insbesondere Aspekte wie das Staking, rechtliche Rahmenbedingungen und der Schutz von Investoren im Vordergrund. Die Entscheidung über einen Exchange …
The U.S. Securities and Exchange Commission (SEC) has postponed the decision on the ETF applications from 21shares and BitWise for Solana. This delay takes place because the SEC also takes time to check various factors. In particular, aspects such as staking, legal framework conditions and the protection of investors are in the foreground. The decision about an Exchange ... (Symbolbild/KNAT)

SEC shifts decision about 21shares and Bitwise Solana ETF: More time for testing staking, legal aspects and investor protection

The U.S. Securities and Exchange Commission (SEC) has postponed the decision on the ETF applications from 21shares and BitWise for Solana. This delay takes place because the SEC also takes time to check various factors. In particular, aspects such as staking, legal framework and the protection of investors are in the foreground.

The decision about an Exchange Traded Fund (ETF) for Solana could have significant effects on the market for cryptocurrencies, especially with regard to the growing interest of institutional investors. The closer examination of these factors underlines the care with which the SEC makes its decisions to ensure the integrity of the market and the protection of investors.

Overall, it remains to be seen when the SEC will make its final decision and which consequence could have this for the development of the Solana ecosystem and the wider cryptom market. Investors should follow the developments carefully, since the approval of an ETF potentially could lead to an increase in the commercial volume and trust in Solana.