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The U.S. SEC has postponed its decision on several spot Solana ETF proposals, citing the need for further review of legal and policy concerns. This follows last year’s approvals of Bitcoin and Ethereum ETFs, signaling continued regulatory scrutiny of crypto-based investment products.
- The SEC extended its deadline to decide on Solana ETF proposals, emphasizing the need for further legal and policy review.
- Asset managers have submitted numerous ETF proposals for digital assets, including meme coins and NFTs, amid regulatory shifts.
- Experts warn that bureaucratic processes may delay approvals, despite growing market optimism about crypto-friendly regulations.
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