US SEC’s delay to launch Truth Social’s Social’s Bitcoin Etf and Grayscale’s Solana Etf star-news.press/wp

The US Securities and Stock Exchange Committee (SEC) has set a longer period to review ETF applications from Truth Social and Raycale. The delay in ETF for Bitcoin’s Social and Grayscale Solana ETF comes amid increasing interest by institutional investors in recent months.

SEC stops to ETF for Social Social Social

According to The official versionThe American SEC revealed that it would stop its decision on the Truth Bitcoin ETF application, which extends the period for review. Securities organizer says that the delay is to allow the authority a great time to explore the suitability of the demand.

According to the version, the American SEC is now expanding the review period until September 18, which will be made by a decision. The SEC note reveals that it can choose to agree or reject the application procedures or an institute to determine the next work course.

Again in June, Truth Social S-1 of Bitcoin federations, which led to a 45-day window to start a decision.

“The committee finds that it is appropriate to set a longer period through which action can be taken on changing the proposed base so that it has enough time to consider changing the proposed base and the issues that have aroused,” she reads the statement.

The United States has approved the Securities and Exchange Committee on the investment funds circulating in the United States since January 2024, and opened flood gates for institutional investments. Since then, IBIT has appeared from Blackrock as a pioneer in the clear industry, where about $ 100 billion in AUM was swinging with July approaching.

Another extension of Solana ETF from Grayscale

After delaying the Social Social Bitcoin ETF, the American SEC extended a series of delay to the Grayscale app to convert Solana confidence into ETF. In the latest document The committee, which was issued by the monitoring of securities, was issued, and the Grayscale request extends for 60 days after the previous delay in March and May.

According to the statement, the Securities and Stock Exchange Committee will make a final decision on October 10, either agreeing to the Solana ETF Solana ETF application. Many exporters apply for the Solana Solana Investment Boxes with SEC, including Vaneck, 21shares and Canary Capital, among other things.

Solana ETF files were modified in mid -June in response to SEC’s comments about redemption and eyes. Currently, the probability of Solana ETF approval has increased as Rex Osprey Sol Staking Etf has achieved 133 million dollars.

Bloomberg analyst Eric Balunas revealed in X post SEC has 72 ETF applications for encryption on its office for approval. ETFS ranges from Bitcoin, Solana, Litecoin, XRP, Dogcoin and Cardano, where SEC was legally forced to make a decision before the end of 2025.

<!–

Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks (Updated)

Top 10 Web3 Games To Explore In 2023; Here List

–>

Alio Bokima

Aliyu Pokima is an encrypted journalist and a tattoo of the emerging techniques with talent to cover the stories of needing needle in space. Aliyu offers urgent news stories, organizational updates, and insightful analysis with depth and accuracy. When he does not wander in the plans or the late follow -up, Aliyu enjoys playing guitar guitar, lifting weights and ran the marathon.

<!–

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

–>

Why confidence: Coingaape: Coingepe has covered the coded currency industry since 2017, with the aim of providing useful visions to our readers. Journalists and analysts bring years of experience in market analysis and Blockchain technology to ensure realistic accuracy and balanced reports. By following our editorial policy, our book is achieved from every source, and verifies each story, and they depend on the reputable sources, quotes and media properly. We also follow a strict review methodology when evaluating exchanges and tools. From Blockchain projects emerging and launching operations to industry events and technical developments, we cover all aspects of the area of digital assets with a fixed commitment to the relevant information in time.

Leave responsibility: The content and the personal views of the author and the current market conditions reflect. Please do your own research before investing in encrypted currencies, because the author and the post is responsible for any financial losses.

AD disclosure: This site may feature content with care and subsidiary links. All ads are clearly marked, and advertising partners have no effect on our editing content.

<!–

Crypto Stories

View all

5 Important Highlights from the Recent Fed Meeting

ChatGPT’s Next Big Upgrade: What You Need to Know

5 Reasons behind Mega Bank’s 2024 Ethereum Price Prediction

–>