<ul data-eligibleForWebStory="false"><li>Fidelity's Solana ETF proposal is facing another delay as the SEC seeks public feedback before making a decision.</li><li>The SEC is soliciting comments and rebuttals for a specified period, highlighting the ongoing regulatory challenges altcoin-based ETFs encounter.</li><li>The delay comes alongside the SEC's recent guidance for crypto ETFs, emphasizing the need for clearer risk factor explanations, although the path for Solana-focused offerings remains uncertain.</li><li>While a new rule change could expedite ETF approval timelines, Solana ETF proposals, like many others tied to altcoins, are currently in a state of uncertainty, prompting some firms to explore alternative strategies.</li></ul>

Fidelity’s Solana ETF Faces Another Delay as SEC Seeks Public Feedback

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