$SOL The world of cryptocurrencies is once again in crisis, and this time it is Solana (SOL) that is in the spotlight. The U.S. Securities and Exchange Commission (SEC) announced yesterday that it has postponed its decision on Grayscale's application to launch an exchange-traded fund (ETF) based on this asset.
The SEC stated that it delayed the analysis of Grayscale's request to issue a Solana fund, citing the need to further analyze the legal issues and public policy concerns raised by the proposal.
"The initiation of this process is appropriate, given the issues involved. This does not imply that the commission has made a final decision," clarified the agency.
To encourage informed debate, the SEC invited all interested parties to submit written comments within 21 days and granted an additional 35-day deadline for responses to the comments received.$SOL