The US financial regulator has reportedly notified at least two of five issuers seeking approval for a spot SOL exchange-traded fund.
The United States Securities and Exchange Commission (SEC) is set to reject applications in line for a spot Solana exchange-traded funds (ETFs).
The agency has notified at least two of five issuers seeking approval for a Solana (SOL) ETF, according to Fox News reporter Eleanor Terrett.
“The consensus here, I’m told, is that the SEC won’t entertain any new #crypto ETFs under the current administration,” Terrett said on Dec. 6.
