SEC delays Solana ETF as decisions for Polkadot, XRP loom
- The U.S. SEC delayed its decision on approving the Grayscale Solana Trust ETF and opened public comment periods for related crypto ETFs as of May 2025.
- The delay follows the SEC instituting proceedings to evaluate whether the proposed Solana ETF listing meets investor protection and legal standards amid ongoing policy questions.
- The Grayscale Solana Trust would trade on NYSE Arca holding SOL, while on-chain data reveals whale investors actively accumulating Solana as adoption and institutional interest rise.
- The SEC has invited written comments within 21 days and responses to those comments within 35 days, clarifying that the commencement of proceedings should not be interpreted as the commission having reached any determinations regarding the proposed rule change.
- The Commission’s extended review and public feedback process could set precedents for crypto ETFs, influencing future product structures and market operations in the U.S.
15 Articles
15 Articles
SOL’s Big Test SEC Delays Trust But Price Soars
Despite the SEC Grayscale trust delay, SOL price surges onwards. The United States Securities and Exchange Commission (SEC) has chosen to postpone its determination regarding the approval or disapproval of a suggested rule modification. This change pertains to the potential listing and trading of shares for the Grayscale Solana Trust, which is conceived as a commodity-based trust. Sherry Haywood, serving as the agency’s Assistant Secretary, indi…
SEC delays Solana ETF; Polkadot and XRP decisions pending
SEC delays Solana ETF; Polkadot and XRP decisions pending May 15, 2025 https://cryptotvplus.com/2025/05/sec-delays-solana-etf-polkadot-and-xrp-decisions-pending/The U.S. Securities and Exchange Commission has delayed making a decision on Grayscale’s spot Solana (SOL) ETF application, extending the review period until October 2025. As the crypto industry waits for ETF rulings on assets like Polkadot (DOT), XRP, and Dogecoin (DOGE), all due in Jun…
SEC Begins Proceedings on Blackrock Bitcoin ETF Over In-Kind Creation Model
The SEC has launched proceedings to assess Nasdaq’s proposed rule change that would allow in-kind creations and redemptions for Blackrock’s Bitcoin ETF. SEC Reviews Nasdaq’s In-Kind Rule Change for Blackrock Bitcoin ETF The U.S. Securities and Exchange Commission (SEC) issued an order on May 13 to commence proceedings that will determine whether to approve or... The post SEC Begins Proceedings on Blackrock Bitcoin ETF Over In-Kind Creation Model…
U.S. Securities and Exchange Commission (SEC) Delays Decisions on Over 70 ETFs Applications
U.S. Securities and Exchange Commission (SEC) has delayed decisions on several cryptocurrency exchange-traded fund (ETF) proposals, extending review periods for assets like Solana, Litecoin, Dogecoin, XRP, Polkadot, Hedera, and Bitcoin. On May 13, 2025, the SEC postponed rulings on proposals from firms including Grayscale and BlackRock, with final decisions now expected between June and October […] The post U.S. Securities and Exchange Commissio…
Solana And Litecoin ETFs Hit The Wall Despite SEC Pro Crypto Makeover
Since President Donald Trump assumed office in January, the tone around crypto has dramatically changed. Crypto industry participants are now more hopeful amid positive crypto-related legislative and regulatory progress under the Trump administration. However, challenges remain, particularly in the altcoin ETF approval sphere. SEC Delays SOL And Litecoin ETF Proposals The U.S. Securities and Exchange Commission (SEC) has delayed deciding whethe…
SEC delays Solana ETF as decisions for Polkadot, XRP loom
The US Securities and Exchange Commission (SEC) has pushed back its decision on a proposed spot Solana exchange-traded fund (ETF), with the cryptocurrency industry now looking to the deadlines for the Polkadot and XRP-based ETFs in June.The SEC pushed its decision on listing Grayscale’s spot Solana (SOL) Trust ETF on the New York Stock Exchange (NYSE) to October 2025, according to a May 13 filing by the securities regulator.Delay on Grayscale’s …
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