Summary
- The U.S. SEC has extended the review period for 21Shares and Bitwise's Solana (SOL) ETFs.
- This extension decision is said to provide investors with more time regarding the approval of Solana ETFs.
- The SEC stated that it plans to conduct a public comment period on this matter before the review.
On the 19th (local time), according to cryptocurrency-focused media The Block, the U.S. Securities and Exchange Commission (SEC) has decided to extend the review period for 21Shares' Solana (SOL) Exchange-Traded Fund (ETF) and Bitwise's SOL ETF.
The SEC announced that it will also conduct a public comment period on these products while extending the review period.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
