📈 Solana rushes to the elite: SEC gives the green light… almost👻
The SEC has officially urged issuers to hurry up with their applications for a spot Solana ETF — the deadline is by the end of July. When the regulator doesn’t say “no,” but whispers “hurry up,” it’s already intriguing.
Recently, amidst the noise, REX-Osprey SOL and staking ETFs were approved, albeit under different rules. And now it seems that Solana could become the third official “spot” player after Bitcoin and Ethereum in the USA.
Meanwhile, XRP, Dogecoin, and Litecoin are still waiting for their turn. The SEC likely just doesn’t know how to comment on memes with Shiba in a financier's suit.
👉 Solana is getting closer to establishing itself on the serious list. Or, as they say on Wall Street: “If you can’t beat the crypto — create an ETF.”
