ETF on Solana, Litecoin, and Dogecoin: the SEC delays its decision again
The Securities and Exchange Commission (SEC) has once again postponed its decision regarding the approval of ETFs based on Solana (SOL), Litecoin (LTC), and Dogecoin (DOGE). These financial products, anticipated by investors to provide regulated exposure to altcoins, remain stuck in legal ambiguity.
While the green light for spot Bitcoin ETFs recently marked a significant advancement, regulators seem more cautious with lower-cap cryptocurrencies. Concerns mainly focus on liquidity, price manipulation, and the lack of a clear regulatory framework for these assets.
This delay illustrates the growing complexity of integrating altcoins into traditional financial markets and reflects a strategy by the SEC focused on a case-by-case approach, far from any broad-based opening.