#Solana ETF delayed listing#
Hot Topic Overview
Overview
Solana ETF listing plans have hit a major snag, with a potential launch in the US not expected until 2026. The main reason is the ongoing debate over the classification of Solana by the U.S. Securities and Exchange Commission (SEC). The SEC's enforcement division views SOL as an unregistered security, making it difficult for other SEC divisions to review it as a commodity ETF. Further complicating the review process are the SEC's lawsuits against cryptocurrency exchanges. While the White House has expressed a friendly stance towards cryptocurrencies, the SEC's review process, which can take 240-260 days, may push the Solana ETF launch to 2026.
Ace Hot Topic Analysis
Analysis
The Solana ETF listing plans have faced significant obstacles, with a potential launch date in the US now pushed back to 2026. The primary reason behind the delay is the ongoing dispute over Solana's classification by the Securities and Exchange Commission (SEC). The SEC's enforcement division has deemed Solana an unregistered security, making it difficult for other SEC departments to approve it as a commodity ETF. The SEC's ongoing lawsuits against cryptocurrency exchanges have further complicated the review process. Although the new President Donald Trump may be more favorable towards cryptocurrencies, the SEC typically takes 240-260 days to review documents, potentially delaying the Solana ETF listing to 2026.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Solana ETF launch may be delayed until 2026
SEC's lawsuit against Solana as a security is the main reason for the delay
SEC's lawsuit against cryptocurrency exchanges further complicates the review process
Even with the White House's friendly stance on cryptocurrency, the Solana ETF approval process may still be lengthy