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SEC Extends Review for Bitwise Fund, Crypto ETFs Stalled

  • SEC extends review for Bitwise Solana ETF, delaying the decision and moving the analysis to a later date.
  • XRP, Solana (SOL), and Cardano (ADA) ETF approvals are postponed until late 2025 due to regulatory scrutiny.
  • The SEC is focusing on investor protection, market risks, and compliance with securities laws in the review process.
  • Delays in ETF approvals are attributed to concerns about volatility, liquidity, and regulatory implications in the cryptocurrency space.

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