US SEC, Grayscale SOL Spot ETF Approval Decision Delayed

According to Unfolded, the United States Securities and Exchange Commission (SEC) has delayed the decision on whether to approve Grayscale's Solana (SOL) Spot ETF.

SEC's decision to delay seems to be based on the judgment that additional review is needed, and in the market, it is interpreted that the regulators' cautious approach continues. The impact on the future cryptocurrency market of whether Grayscale's SOL Spot ETF is approved is drawing attention.