The US SEC delays the review of SUI spot ETF application again, and the rhythm of crypto regulation remains cautious
The US Securities and Exchange Commission (SEC) recently announced that it would delay its decision on the SUI spot ETF application submitted by Canary. This is not the first crypto-related ETF application to encounter delays, and market participants generally believe that the SEC still maintains a highly cautious attitude towards the approval of spot ETFs. While the Bitcoin spot ETF has opened a new chapter, emerging assets like SUI still face strict scrutiny. At the same time, Binance Wallet has launched a staking yield season exclusive event for Solana users, with a total prize pool of up to $1 million, attracting a large number of users to participate. The ongoing game between new project launches and regulatory delays has become a major focus in the current crypto market.
