SEC Reviews Grayscale’s Solana ETF Filing, Indicating Possible Shift in Crypto Regulation

Description

The U.S. Securities and Exchange Commission (SEC) has acknowledged Grayscale’s filing for a Solana-based exchange-traded fund (ETF). It is the first time the agency has engaged with an ETF proposal tracking a cryptocurrency that was once considered a security. ‘A Positive Sign’ The acknowledgment , relayed on February 6, caught many by surprise, given that just six weeks ago, the regulator, then led by former Chair Gary Gensler, asked the Chicago Board Options Exchange (CBOE) to withdraw similar...