$SOL
🚨Breaking: SEC Delays Fidelity’s Solana ETF
The SEC has postponed its decision on Fidelity’s proposed spot Solana ETF, filed on June 13. The delay was expected, per Bloomberg.
Meanwhile, REX-Osprey launched a staking-enabled Solana ETF through an unconventional route, sparking debate over its classification as a true spot product.
Despite the holdup, Reuters reports suggest spot Solana ETFs may be approved ahead of others — though likely not before fall, as the SEC works on updated ETF guidelines.
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