SEC Delays Solana & Litecoin ETFs; DOGE & BlackRock Enter Public Comment Phase
Key Highlights:
1. Grayscale’s Solana & Litecoin ETFs Delayed
SEC extends review of Grayscale’s Solana Trust, citing investor protection & market integrity.
Grayscale’s Litecoin Trust also under extended proceedings.
Both ETFs face uncertain timelines.
2. Public Comment Open: BlackRock’s Bitcoin ETF Model
BlackRock proposes in-kind redemption model for its iShares Bitcoin Trust.
Would allow Bitcoin-for-shares redemptions instead of cash.
Aims to improve efficiency & liquidity.
3. 21Shares Proposes Dogecoin ETF
DOGE ETF enters public comment via Nasdaq filing.
Will track Dogecoin using CF Benchmarks index.
Seeks to offer DOGE access via traditional brokerages.
SEC Filing →
What It Means:
The SEC is re-evaluating crypto ETFs under Chair Paul Atkins, signaling a shift toward broader public involvement and regulatory clarity.
