SEC rejects SOL ETF application! Insiders: SEC will not approve any cryptocurrency ETFs before the h
According to Fox Business reporter Eleanor Terrett, at least two of the five Solana ETF issuers have received notices from the US Securities and Exchange Commission (SEC) stating that their 19b4 filings will be rejected. In addition, Eleanor Terrett further added that informed sources have revealed that the SEC may not approve any new cryptocurrency ETF applications during the current government's tenure.
As for why only two were rejected, Eleanor Terrett I don't think this issue is important because the SEC cannot approve only part of the application, which means that the applications of the other three SOL ETH issuers are unlikely to be approved either.
