logo

SEC delays Solana and Litecoin ETFs as Dogecoin and BlackRock proposals enter public comment

By: bitcoin ethereum news|2025/05/14 05:30:07
0
Share
copy
Key Takeaways The SEC delayed its decision on Grayscale’s Solana ETF to assess compliance with investor protection and market integrity standards. Public comment periods have opened for BlackRock’s Bitcoin ETF redemption model and the 21Shares Dogecoin ETF. The US Securities and Exchange Commission delayed its decision on Grayscale’s Solana ETF today, while opening public comment periods for BlackRock’s Bitcoin ETF redemption model and the 21Shares Dogecoin ETF. The SEC extended its review of the Grayscale Solana Trust to evaluate whether the listing meets investor protection standards and market integrity requirements. If approved, the trust would hold SOL and trade on NYSE Arca. It also delayed a decision on the Grayscale Litecoin Trust, instituting proceedings to further assess whether the listing aligns with requirements under the Securities Exchange Act. Both Solana and Litecoin filings now face extended timelines as the agency continues its review. Meanwhile, Nasdaq’s filing to amend BlackRock’s iShares Bitcoin Trust is now open for public comment. The proposed change would allow the fund to support in-kind redemptions, meaning authorized participants could create or redeem shares using Bitcoin directly rather than cash. The SEC initially approved the fund in January with a cash-only redemption mechanism. The 21Shares Dogecoin ETF has also entered its public comment phase following a filing to list under Nasdaq Rule 5711(d), which covers commodity-based trust shares. The ETF plans to track DOGE prices using a CF Benchmarks index and aims to provide Dogecoin exposure through traditional brokerage accounts. The SEC’s recent actions come as the agency reassesses crypto product listings under new Chair Paul Atkins. The commission has dismissed several enforcement cases and increased public engagement through crypto-focused roundtables since President Trump took office. Source: https://cryptobriefing.com/solana-dogecoin-etf-delays/

You may also like

Lattice Capital Founder: Crypto VC, Seeing is Believing Because of Faith

"If you believe that this industry will grow 100 times in the future, with less competition and lower valuations, then now is the right time to invest. This is the path we have chosen."

The Pitch Is Set. So Is the Trade: CHZ, SportFi, and the UCL Window That Won't Wait

CHZ is gaining momentum as SportFi narratives accelerate alongside the UEFA Champions League（UCL） and global football cycles. This article explores how CHZ, fan tokens, and the broader SportFi ecosystem are driven by real-world events, market narratives, and capital flows—offering insights into why SportFi is emerging as one of the most dynamic sectors in crypto.

Morning Report | SpaceX acquires Cursor for $60 billion; Kalshi and Polymarket launch perpetual contract trading; NeoCognition completes $40 million financing

Overview of Important Market Events on April 22

IMF | The Future of Stablecoins and Payments: Evidence from Financial Markets

IMF deep report reveals the impact of stablecoin regulation: the US "Genius Act" triggers a $300 billion market earthquake for payment giants, with cross-border payments being the hardest hit, and the industry landscape is facing a reconstruction of "disintermediation."

56% Spike in Memecoin Trading Volume, Yet Shiba Inu (SHIB) Remains Static With 0 Netflow

Key Takeaways: Recent memecoin market saw a volume increase of 56%, highlighting a shift in investor interest towards…

American Airlines Praises Ripple, Surprising XRP Community

Key Takeaways: American Airlines reports exceptional results from Ripple Treasury usage. Ripple Treasury aids treasury efficiency without needing…

The Joker is back
Bigger pools, auto-play, lucky buffs.
The Joker is backJoin now and grab your rewards.

Popular coins

Latest Crypto News

10:42

Pornhub stops using USDT for creator payouts and switches to USDC

According to market news, the adult website Pornhub has stopped using Tether (USDT) for creator revenue settlements and has switched to USDC issued by Circle.In an email sent to creators, Pornhub stated that this switch aims to make revenue payments "more reliable" and emphasized that USDC is a full...
10:42

HIVE Digital completed a $115 million zero-coupon note financing, Keel sold the Paraguay site to complete its exit from Latin America, and GSR's first multi-asset ETF $BESO was listed on Nasdaq

According to BBX data, yesterday the capital actions of mining companies' AI transformation coincided with the innovation of cryptocurrency ETF products, with the following core dynamics:HIVE Digital Technologies Ltd. (NASDAQ / TSX-V: $HIVE) announced on April 22 the completion of a $115 million pri...
10:42

Data: The contract whale "sets 10 major goals first" has closed its BTC long position

The "contract whale" posted on social media stating that the long position they entered yesterday has been closed for profit.It is reported that the opening price of their long position was $75,731, with a total position of 717.491 bitcoins, valued at approximately $55.6 million.
10:42

Li Hua Yi: The past wave of crypto VC and project demise stemmed from the mistaken benchmarking against Web2; AI + finance is a new opportunity

Liquid Capital founder Jack Yi stated on the X platform: "In the past, the wave of crypto VC and project disappearances had a core reason, which is that the financing funds were mostly consumed on: maintaining teams to develop useless web3 products. The biggest misconception is benchmarking against ...
10:42

Data: The current whale position on the Hyperliquid platform is 3.598 billion USD, with a long-short position ratio of 1.07

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $3.598 billion, with long positions at $1.859 billion, accounting for 51.67% of the holdings, and short positions at $1.739 billion, accounting for 48.33%. The profit and loss for long positions is $7.2119 ...
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com