<ul><li>The SEC has once again delayed the approval of Solana ETF applications from 21Shares and Bitwise.</li><li>SEC has opened formal proceedings for further evaluation, citing investor protection concerns and the need to prevent market manipulation.</li><li>Grayscale's Solana ETF bid was also postponed, indicating a broader slowdown in crypto fund approvals.</li><li>The launch of Solana futures on CME provides a regulated alternative for SOL exposure amid ongoing delays in ETF approvals.</li></ul>

SEC Puts Solana ETF Hopes on Hold Again

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