US SEC Extends Review Period for Solana (SOL) Spot ETFs

Source
JH Kim

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.

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JH Kim

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