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<ul class="wp-block-list news-points">
 <li>SEC to reject 19b-4 filings for Solana spot ETFs, signaling continued regulatory resistance.&nbsp;&nbsp;</li>
 <li>Multiple asset managers, including Grayscale, seek Solana spot ETF approvals amid delays.&nbsp;&nbsp;</li>
 <li>Solana (SOL) sees a 2.21% price increase, maintaining strong market position despite uncertainty.</li>
</ul>
The U.S. Securities and Exchange Commission (SEC) announced it will reject the 19b-4 filings for Solana ETFs submitted by two of the five applicants.
According to Fox Business journalist Eleanor Terret’s report, the SEC’s position suggests the regulatory body remains unwilling to approve new crypto ETFs under the current administration. Despite growing demand for crypto ETFs, the SEC continues to pose a barrier.
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 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">SCOOP: I’ve confirmed that the <a href="https://twitter.com/SECGov?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@SECGov</a> has notified at least two of the five prospective issuers that it will reject their 19b4 filings for the <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SOL</a> spot ETFs. The consensus here, I’m told, is that the SEC won’t entertain any new <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#crypto</a> ETFs under the current administration.— Eleanor Terrett (@EleanorTerrett) <a href="https://twitter.com/EleanorTerrett/status/1864874666445152672?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">December 6, 2024</a>
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<a href="https://coinedition.com/canary-capital-applies-for-solana-etf-challenging-sec-stance/" rel="noopener noreferrer nofollow">Read also: Canary Capital Applies for Solana ETF, Challenging SEC Stance</a>
Terret stated that the SEC is unlikely to approve only on…
The post <a href="https://coinedition.com/solana-etfs-face-sec-pushback-as-market-waits-for-2025-changes/" rel="noopener noreferrer nofollow">Solana ETFs Face SEC Pushback as Market Waits for 2025 Changes</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Solana ETFs Face SEC Pushback as Market Waits for 2025 Changes

Coin Edition

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