SEC Pushes Solana ETF Decision to October — Monitor Developments
I note the SEC has postponed its decision on Bitwise and 21Shares' Solana ETF application to October.
I view this as a continuation of regulatory uncertainty that could keep short-term volatility elevated for Solana, while leaving the longer-term approval probability unchanged for now.
I will monitor filings and commentary ahead of the new date and reassess once the SEC provides clarity.
Analysis
Recommendation
Watch developments and avoid making material position changes based solely on the delay; reassess nearer the October decision when the SEC publishes further rationale or requests.
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.