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SEC Delays Decision on Solana Spot ETFs Involving 21Shares and Bitwise

2025/05/20 10:38
CoinPost
Written by L.Kikutani
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SEC Delays Decision on Solana Spot ETFs Involving 21Shares and Bitwise

Continued Delays

The US Securities and Exchange Commission (SEC) announced on the 19th that it has postponed the decision deadlines for two Solana (SOL) spot Exchange Traded Funds (ETF) applications, seeking public comments. The applications in question are the 21Shares Core Solana ETF and the Bitwise Solana ETF, for which the SEC has initiated proceedings.

The SEC stated that 'the initiation of proceedings does not indicate that the Commission has reached any conclusions regarding the pending applications,' and 'is seeking input from interested parties.'

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Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.