SEC delays Solana ETF as a decision for a polkadot, KSRP Tkalački

The US Secure and Exchange Commission (SEC) rejected its proposed Solan Trading Fund (ETF), with the cryptocurrian industry, which now looks at the deadlines of Polkadot and KSRP in June.

Sex pushed his decision on enrollment forces of the power of the world (Salt) Trust ETF on New York Stock Exchange (NISE) until October 2025. years, according to 13. May submission by the security regulator.

The decision came a week after SEC has delayed its judgment on the LiteCoy’s Channel (LTC) ETF, Bloomberg Intelligence Analytic James Seiffart wrote 5 K mail.

Spot ETFS is considered key liquidity drivers and institutional adoption for digital assets. For bitcoin (Btc), the American Spot Bitcoin ETFS did the estimated 75% new investment After starting, who helped BTC repeat $ 50,000 in February 2024. year, a month after the ETF debuted for trading.

While a Solana ETF can Bring only the essence of the BitCoin ETFS inflow, in the long run, the institutional adoption of Solana by offering investors “regulated investment vehicle”, which can still attract billions of dollars in the capital, Rian Lee, the main analyst, said Conintlegraph.

Related: Solana co-founder suggests a target chain to fix the fragmentation of the block

Despite the latest delay to SEC, most investors are optimistic about the approval of SOL ETF before the end of 2025.

Investors predict 82% chance of approval SOL ETF and 80% chance of Litekoin ETF approval before the end of the year, according to the data Polimarketthe largest platform for betting.

Related: Bitcoin of 1 b Bitcoin exits in a day as analysts warn of supply shock

Polkadot, XRP, Doge ETFS is waiting for SEC decision in June

Several other CRIPTO ETF applications are approaching SEC deadlines in June.

SEC will decide Greiscale Polkadoto (Dot) ETF to 11. June and 21Shares’ Polkadot ETF 24. June, toward to a court that is submitted from a second.

17. June, Sec is set to make a decision on Spot Franklin Templeton’s XRP (XRP) ETF and Bodvina Spot DogCoin (Exaggerate) ETF, officially noon Show.

However, these decisions can also be disposed of. Sex usually benefits the advantages of their 240-day examination period when assessing financial products related to crypto in handling Bitcoin and ether (El) ETF applications in 2023. and 2024. Years.

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