The U.S. Securities and Exchange Commission (SEC) has announced an extension of the review period for the proposed Solana (SOL) and XRP (XRP) exchange-traded funds (ETFs) by Franklin Templeton. This delay comes as the SEC requests a deeper analysis of both proposals, which now have new deadlines for decision-making.
The review of these ETF applications by the SEC, which includes the assessment of market protection and compliance issues, has been extended until the fall of 2025.
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