wait
SEC Delays Solana ETF Decision to October — I'll Wait
I note the SEC has pushed the decision on Bitwise and 21Shares' Solana ETF to October.
This delay prolongs regulatory uncertainty and is likely to increase near-term volatility for SOL, though it is not a formal rejection and the approval process remains open.
I will monitor filings and any sponsor responses, and avoid committing significant new capital until the SEC provides clearer guidance or a final decision.
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Analysis
The postponement is a neutral-to-cautious signal: it extends the timeline and could cap near-term upside as market participants price in uncertainty, but it doesn't change the underlying possibility o...
Recommendation
I recommend waiting for clearer milestones from the SEC before initiating sizeable long positions. Traders seeking exposure can use small, hedged or speculative positions, but avoid increasing core al...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.