SEC Delays Fidelity Solana ETF Proposal as Regulatory Review and Public Comment Period Begin
The post SEC Delays Fidelity Solana ETF Proposal as Regulatory Review and Public Comment Period Begin appeared on BitcoinEthereumNews.com.
The SEC has postponed its decision on Fidelity’s Solana ETF, initiating a public comment period amid evolving regulatory standards for crypto ETFs. This delay reflects the SEC’s intensified focus on transparency, requiring asset managers to clearly disclose risks and custody arrangements in crypto fund filings. According to COINOTAG, the REX-Osprey Sol + Staking ETF provides a strategic alternative by offering indirect Solana exposure while direct ETF approvals remain pending. SEC delays Fidelity’s Solana ETF, emphasizing regulatory clarity and transparency; meanwhile, alternative Solana exposure emerges through innovative ETF products. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); SEC’s Regulatory Review Delays Fidelity Solana ETF Amid Evolving Crypto ETF Framework The United States Securities and Exchange Commission (SEC) has officially delayed its ruling on the Fidelity Solana ETF proposal, marking a critical juncture in the regulatory landscape for crypto exchange-traded funds. This postponement, confirmed on July 7, 2025, follows a rule change proposal by the Cboe BZX Exchange and initiates a mandatory public review and comment period. The SEC’s action underscores the agency’s cautious approach toward spot crypto ETFs, particularly those linked to altcoins like Solana, where regulatory clarity remains limited. In its review process, the SEC is emphasizing enhanced transparency standards. Asset managers must now articulate the risks associated with crypto ETFs and detail custody models in accessible language. This move aims to protect investors by ensuring that disclosures are…
Filed under: News - @ July 10, 2025 6:26 am