SEC recognizes the deposit of Solana ETF from Grayscale, which alludes to a potential organizational sea change
The US Securities and Exchange Committee (SEC) recognizes the encrypted asset management organization to create a Solana smart assets platform (Sol).
In new string On the social media platform X, the Bloomberg analyst ETF James Sevart officially says Confession Giving is noticed because the organizational agency had previously rejected it.
“Update: SEC just recognized Solana 19B-4. This is really worthy because SEC refused to do so in the recent deposit attempts to Sol.”
The investment funds circulating in the investment funds circulating for traders to expose themselves to assets such as precious metals and encryption without actually needing them. SEC approved Bitcoin (BTC) and ETHEREUM (ETH) to ETFS in 2024.
According to a great analyst Bloomberg Eric Eric Balunas, the acknowledgment is a small step in the right direction like the Supreme Council of Education during the era of former President Gary Ginsner directions Exchange of the Chicago Council’s options to withdraw its request for ETF Solana.
“Noticeable because this is the first time that the ETF file has been approved to track a metal currency previously recognized by” security “. [the] second.
Just six weeks ago [Gensler]SEC CBOE told Solana 19B-4. So we are now in a new area, albeit just a child’s step, but apparently the direct result of changing driving. “
In December, the Securities and Stock Exchange brought all its SOF requests to its headquarters before the resignation of Gensler from his position before the opening of President Donald Trump. At that time, I expected that the companies would re -submit the application after the system change.
Septere goes on Note SEC may change its melody on Solaa well for the encryption companies facing lawsuits, as the organizational body claims that Sol is qualified as “security”.
Final Delivery date For the Grayscale application, it will be around 11 October, according to Sephart.
Solana is trading for $ 193.37 at the time of writing this report, an increase of 1.3 % over the past 24 hours.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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