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