<ul><li>The SEC plans to reject pending applications for Solana exchange-traded funds (ETFs).</li><li>At least two prospective ETF issuers have been informed of the rejection.</li><li>The SEC is unlikely to approve new crypto-based ETFs under the current administration.</li><li>However, there is hope for potential SOL and other crypto ETFs with the upcoming changes in SEC leadership.</li></ul>

Major Setback For Solana ETFs As SEC Plans To Reject Pending Applications — But There’s A Silver Lining

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