<ul><li>The SEC has reportedly informed prospective issuers that their 19b-4 filings for Solana ETFs will not be approved.</li><li>The decision aligns with the SEC's cautious approach to cryptocurrency ETFs and reflects broader regulatory concerns.</li><li>The potential rejection of Solana spot ETFs highlights ongoing regulatory challenges and may increase volatility in Solana and other cryptocurrencies.</li><li>Analysts forecast that Solana ETFs may not be approved until 2025, and new SEC Chair Paul Atkins is expected to bring a more favorable approach toward digital assets.</li></ul>

Solana ETFs Blocked? SEC Reportedly Rejecting Key Crypto Applications

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