Why crypto ETF launch timelines remain up in the air
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Let’s take a few minutes to address the latest developments in crypto ETF land.
Yesterday, the SEC delayed its decision on Fidelity’s spot solana ETF proposal. Not surprising — but a reminder that the regulator needs to sort out more before approving those.
The SEC’s engagement with issuers last month spurred optimism of possible ahead-of-schedule rulings (before October deadlines). And I confirmed with a person close to the filings that the SEC got back to the asset managers about their latest amendments — giving them until July 31 to respond to the agency’s new questions about “how the product will be…
