<ul><li>The US SEC has delayed the decision on Solana ETF filings from 21Shares and Bitwise, leading to unclear approval timelines.</li><li>Formal proceedings have been initiated by the regulator to further evaluate the proposed rule changes related to the SOL ETFs.</li><li>This delay reflects the broader uncertainty surrounding the approval process for digital asset ETFs in the US, including the need for more time to review cryptocurrency funds like Solana ETFs.</li><li>Despite multiple delays, there is still optimism for the approval of Solana ETF, with analysts predicting potential approval by late next year and discussions among asset managers continuing for US approvals.</li></ul>

SEC Puts Solana ETF on Hold Again, Leaving Approval Timeline Unclear

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