Summary
- The U.S. Securities and Exchange Commission (SEC) has reportedly extended the review period for Fidelity's Solana (SOL) spot ETF.
- The SEC stated that a more thorough review is needed, and the final decision time will be announced later.
- The Fidelity Solana spot ETF is of interest to the market as it could become the first Solana-based spot ETF in the U.S.
On the 7th (local time), according to U.Today, a media outlet specializing in virtual assets (cryptocurrencies), the U.S. Securities and Exchange Commission (SEC) has reportedly extended the review period for the Solana (SOL) spot exchange-traded fund (ETF) filed by Fidelity.
The SEC stated regarding this extension decision that "a more thorough review is necessary," and the exact final decision time will be announced at a later date.
Meanwhile, the Fidelity Solana spot ETF is drawing significant attention from the market, as it could become the first Solana-based spot ETF in the U.S.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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