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$SOL #ETF Approvals Delayed Until October by #SEC
#SolanaETF decisions from Bitwise and 21Shares have been pushed to Oct. 16 by the Securities and Exchange Commission. The delay follows the agency's typical pattern for crypto ETF proposals.
Multiple firms including Grayscale, Fidelity, ProShares, and Canary are awaiting approval for $SOL funds. BlackRock, which offers 
$BTC and 
$ETH ETFs, confirmed it has no plans for a #Solana product.
The SEC has received dozens of crypto ETF applications covering everything from 
$XRP to 
$DOGE following the friendlier Trump administration. Recent regulatory changes allow in-kind creations and redemptions for crypto #ETFs.
The agency's posture has shifted dramatically from the Biden era. July's policy updates opened doors for ETF options trading and broader crypto product approvals.
