Solana ETF Delay: Bearish Signal or Strategic Pause? Analyst Explains
🔵 One of the leading analysts shared his opinion on the postponement of the Solana ETF decision — and it’s quite optimistic.
🗓️ Initially, he expected approval back in August, based on previous cases with other ETFs. But the SEC postponed the review to October.
📉 From the outside, this looks negative. But in reality, he says, it’s a strategic move.
🧠 The logic is as follows:
- 🦯 The SEC asked the issuers of the Solana ETF to update their applications by July 31.
- 🦯 This usually indicates approval within 2–4 weeks.
- 🦯 But instead — a delay.
❓ Why? The reason lies in staking.
- 🔵 Staking was included in the Solana ETF applications from day one.
- 🔵 In the Ethereum ETF, it was added only recently.
- 🔵 If the SEC had approved $SOL first — it would have appeared biased.
👉 Therefore, the regulator decided to synchronize the process: to wait for both ETH and SOL to be ready to make a joint decision closer to the end of the year.
✅ The delay is not a rejection, but preparation for the simultaneous launch of the ETF with staking.
💬 The analyst is confident in a positive outcome. He holds over 12,000 SOL and has significant longs.
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