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SEC to Reject Spot Solana ETF Applications: Report - CoinChapter

Retrieved on: 2024-12-06 18:29:53

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Summary

The article discusses the SEC's likely rejection of spot Solana ETFs, a type of exchange-traded fund. Despite interest from firms like VanEck and Grayscale, Gary Gensler's SEC remains cautious about approving new cryptocurrency ETFs. Reporter Eleanor Terrett highlights this regulatory hurdle.

Article found on: coinchapter.com

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