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SEC Faces Deadline for Solana ETFs Amid Challenges

1/11/2025

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Summary

Story summary

The SEC is racing against a January 25 deadline to approve four Solana ETFs, but experts warn of possible delays until March 11. The absence of a regulated US futures market for Solana poses a significant challenge. However, shifts in SEC leadership could pave the way for potential approvals for Solana and XRP by 2025.

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Story summary

The SEC is racing against a January 25 deadline to approve four Solana ETFs, but experts warn of possible delays until March 11. The absence of a regulated US futures market for Solana poses a significant challenge. However, shifts in SEC leadership could pave the way for potential approvals for Solana and XRP by 2025.