21Shares Solana ETF Listing Review Pushed to May 19
Published Date: 3/17/2025
Notice
Summary
The SEC is taking extra time to review a plan from the Cboe BZX Exchange to list and trade shares of the 21Shares Core Solana ETF, a new crypto-based fund. This means investors and traders interested in this Solana ETF will have to wait until May 19, 2025, for a final decision. No money changes yet, but the delay shows the SEC is carefully considering the risks and benefits.
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Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
SEC delays decision on Solana ETF
The SEC extended its review and set May 19, 2025 as the date to decide whether to approve or disapprove listing and trading of the 21Shares Core Solana ETF. If you are an investor or trader interested in this Solana-based ETF, you must wait until May 19, 2025 for a final decision; no money changes have occurred yet.
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