Cboe and four issuers are pushing the SEC’s boundaries on crypto assets allowed in an ETF wrapper with recent Solana ETF filings. The SEC may refuse to acknowledge the applications in the near term, but new leadership at the agency in 2025 will be more friendly to crypto, making Solana ETF approvals likely in the next few years. Bloomberg Intelligence’s James Seyffart has the story.
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News post in December 4, 2024, 12:05 am.
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