beincrypto.com
Open in
urlscan Pro
172.64.151.251
Public Scan
Submitted URL: https://email.beincrypto.com/e/c/eyJlbWFpbF9pZCI6ImRnU19nQWdEQUpyb0I1bm9Cd0dUbk5Ed0UzcW53TUJjSWxNNnRDMD0iLCJocmVmIjoiaHR0cHM6...
Effective URL: https://beincrypto.com/solana-etf-approval-odds/
Submission: On December 08 via api from HK — Scanned from US
Effective URL: https://beincrypto.com/solana-etf-approval-odds/
Submission: On December 08 via api from HK — Scanned from US
Form analysis 1 forms found in the DOM
GET https://beincrypto.com
<form class="hidden overflow-hidden lg:flex lg:gap-x-2 lg:w-0 lg:h-0" data-el="bic-search-header-form"
data-analytics="{"en": "search", "ec": "web:desktop:search", "el": "main-header-search", "ev": ""}" role="search" method="get" target="_top"
action="https://beincrypto.com" novalidate="">
<div class="bic-c-search md:ml-2.5 lg:flex-grow" data-el="bic-c-search">
<div class="py-2 px-3.5 text-grey-600 bg-grey-100 border-transparent acfo:border-blue-600 flex items-center gap-x-2.5 rounded-md border focus-within:border-blue-600 focus-within:bg-white">
<label class="mb-0" for="bic-c-search-c1f8adad-5d2a-4add-af46-7b16f2347322" aria-label="Search"><svg class="bic-svg-icon w-5 h-5" width="20" height="20" viewBox="0 0 20 20" fill="none" xmlns="http://www.w3.org/2000/svg">
<path
d="M18 17.0724L13.6311 12.7036C14.6972 11.4019 15.2208 9.74121 15.0936 8.06177C14.9665 6.38607 14.2034 4.81885 12.9541 3.69299C11.7085 2.56339 10.0739 1.95744 8.39071 2.00233C6.70749 2.04347 5.10656 2.7317 3.91709 3.92115C2.72762 5.10686 2.04311 6.70774 2.00197 8.39092C1.96082 10.0741 2.56678 11.7049 3.69266 12.9542C4.82229 14.1998 6.38581 14.9665 8.06154 15.0937C9.73728 15.2209 11.4018 14.6972 12.7035 13.6312L17.0724 18L18 17.0724ZM3.3261 8.56298C3.3261 7.17529 3.87969 5.84371 4.85969 4.85999C5.84344 3.87627 7.17505 3.32643 8.56277 3.32643C9.95049 3.32643 11.2821 3.88001 12.2658 4.85999C13.2496 5.84371 13.7994 7.17529 13.7994 8.56298C13.7994 9.95067 13.2458 11.2822 12.2658 12.266C11.2821 13.2497 9.95049 13.7995 8.56277 13.7995C7.17505 13.7995 5.84344 13.246 4.86343 12.2622C3.88343 11.2785 3.32984 9.95441 3.3261 8.56298Z"
fill="currentColor"></path>
</svg></label>
<input class="p4 p4--ns placeholder:text-grey-600 text-dark-grey-700 peer w-full appearance-none border-none bg-transparent p-0 focus:border-none focus:outline-none focus:ring-0" id="bic-c-search-c1f8adad-5d2a-4add-af46-7b16f2347322" name="s"
type="search" placeholder="">
<button class="acfo:block peer hidden h-5 w-5 hover:block peer-focus:block" type="button" onclick="this.previousElementSibling.value='';this.previousElementSibling.focus()" aria-label="Clear">
<svg class="bic-svg-icon w-4 h-4" xmlns="http://www.w3.org/2000/svg" fill="none" width="20" height="20" viewBox="0 0 20 20">
<path fill="currentColor" fill-rule="evenodd"
d="M15.8 5.14a.66.66 0 0 0 0-.95.68.68 0 0 0-.95 0L10 9.06 5.15 4.2a.68.68 0 0 0-.95 0 .66.66 0 0 0 0 .94L9.04 10 4.2 14.86a.66.66 0 0 0 0 .95c.27.26.7.25.96 0L10 10.94l4.85 4.85c.26.26.69.27.95 0a.66.66 0 0 0 0-.94L10.96 10l4.86-4.86Z"
clip-rule="evenodd"></path>
</svg> </button>
<button class="min-w-5 bg-grey-400 text-3 h-5 w-5 rounded font-sans font-bold leading-5 text-white peer-focus:hidden" type="submit">/</button>
</div>
</div>
<button data-el="bic-search-header-form-close" class="absolute block lg:static top-5 right-5" type="button" aria-label="Close search">
<svg class="bic-svg-icon w-6 h-6 z-10 dark:text-dark-grey-700" xmlns="http://www.w3.org/2000/svg" fill="none" width="20" height="20" viewBox="0 0 20 20">
<path fill="currentColor" fill-rule="evenodd"
d="M15.8 5.14a.66.66 0 0 0 0-.95.68.68 0 0 0-.95 0L10 9.06 5.15 4.2a.68.68 0 0 0-.95 0 .66.66 0 0 0 0 .94L9.04 10 4.2 14.86a.66.66 0 0 0 0 .95c.27.26.7.25.96 0L10 10.94l4.85 4.85c.26.26.69.27.95 0a.66.66 0 0 0 0-.94L10.96 10l4.86-4.86Z"
clip-rule="evenodd"></path>
</svg> </button>
</form>Text Content
We use cookies to improve your experience. Accept * News * Opinion * Bitcoin * Altcoins * Rankings * Convert * Exchanges * Prices * Learn * Bonus Hunter * Advertise * Learn-to-Earn * Newsletters * Web3 Jobs * Top Picks English * Español * Русский * Türkçe * 한국어 * Tiếng Việt * Deutsch * Português * Français * Polski * Bahasa Indonesia * ภาษาไทย * اَلْعَرَبِيَّةُ * 日本語 * Italiano * Dutch * Dansk * Suomi * Norsk * Svenska * हिन्दी No KYC trading / English * Español * Русский * Türkçe * 한국어 * Tiếng Việt * Deutsch * Português * Français * Polski * Bahasa Indonesia * ภาษาไทย * اَلْعَرَبِيَّةُ * 日本語 * Italiano * Dutch * Dansk * Suomi * Norsk * Svenska * हिन्दी No KYC trading 1. Home/ 2. Markets / News Report Trusted SPOT SOLANA ETF APPROVAL UNLIKELY AS SEC HALTS NEW FILINGS 3 mins By Lockridge Okoth 6 December 2024, 10:00 GMT+0000 Updated by Daria Krasnova 6 December 2024, 09:50 GMT+0000 Join our Trading Community on Telegram Share on Twitter Share on Email Share on Linkedin Share on Google News IN BRIEF * SEC signals plans to reject multiple Solana ETF filings, reflecting a cautious regulatory stance. * Broader crypto ETF approvals remain unlikely under the current administration's cautious approach. * Analysts predict regulatory shifts under Trump’s administration may revive Solana ETF prospects in 2025 or later. * promo Join eToro and receive a $10 bonus to begin your trading experience!Claim reward According to recent revelations, the odds of the US SEC (Securities and Exchange Commission) approving a Solana ETF (exchange-traded fund) anytime soon have diminished significantly. Fox Business correspondent Eleanor Terrett reported that the SEC has already notified at least two of the five firms filing for Solana spot ETFs that their applications would be rejected. SOLANA ETF APPROVAL CHANCES ARE EXTREMELY LOW According to Terrett, the SEC has notified at least two of the five prospective issuers that it will reject their 19b-4 filings for the SOL spot ETFs. Sponsored Sponsored > “The consensus here, I’m told, is that the SEC won’t entertain any new crypto > ETFs under the current administration,” Terrett wrote. This development comes as a sharp reversal from earlier optimism. Just days ago, reports suggested that negotiations for Solana ETFs were progressing well and that approval could be within reach. However, the SEC’s latest signals suggest that the regulatory agency remains hesitant to expand crypto-related ETFs beyond Bitcoin and Ethereum, the only digital asset ETFs currently approved in the US. Solana is among several altcoins whose ETF applications remain in limbo. Alongside Solana, applications for XRP, HBAR, and Litecoin ETFs are also under review. Filing a 19b-4 form, which sets the timeline for the SEC’s review process, is a crucial step in this journey. However, Bloomberg Intelligence’s James Seyffart pointed out that several applicants have not reached this stage, as indicated by deadlines marked “N/A.” Sponsored Sponsored Crypto ETF Applications. Source: X Bitwise, Canary Capital, and Grayscale recently made headlines with their Solana ETF filings. Meanwhile, VanEck and 21Shares collaborated on a submission to Cboe, signaling widespread institutional interest in the Solana ecosystem. Despite this momentum, a lack of regulatory clarity continues to weigh on the market, with Solana ETF approval odds reportedly plummeting to just 3% three months ago. Many view a SOL-based ETF as a natural next step in Solana’s maturation, enabling broader investor access and liquidity. The SEC’s stringent stance, however, reflects the challenges of achieving this milestone under the current regulatory framework. With numerous applications already rejected or pending without clear timelines, the Solana ETF debate exemplifies the broader struggle between innovation and oversight in the crypto industry. Sponsored Just 3 simple steps to get a guaranteed $10 bonus from eToro * Create an account * Deposit $100 * You’ll automatically receive a bonus to your eToro account Unlock bonus Sponsored POLITICAL AND REGULATORY SHIFTS COULD CHANGE THINGS The SEC’s resistance to broadening crypto ETF approvals reflects the current administration’s cautious approach to digital assets, spearheaded by Chair Gary Gensler. However, political and leadership changes could shift this dynamic. President-elect Donald Trump has expressed a pro-crypto stance that some experts believe could pave the way for more accommodating policies. Analysts suggest a Trump administration might foster a more favorable regulatory environment for digital assets, especially with a crypto-friendly SEC chair like Paul Atkins. This change could reignite optimism for Solana and other altcoin ETFs that are currently stalled. Sponsored Sponsored > “The greatest Solana win coming from the new Trump Presidency will be our > long-awaited ETF in 2025 or 2026. No surprise, the incredible VanEck team will > lead the charge here with support from 21Shares and Canary Capital,” said Dan > Jablonski, head of growth at news and research firm Syndica. Despite regulatory hurdles, Solana continues to demonstrate strong ecosystem growth. As of this writing, SOL is trading for $239.47, a modest 1.37% gain on the day. The blockchain is celebrated for its high throughput and low transaction costs, which have attracted institutional interest. Sponsored Sponsored SOL Price Performance. Source: BeInCrypto Following the appointment of a new SEC chair ahead of Gensler’s resignation and as Trump’s inauguration nears, the potential for significant regulatory shifts looms large. These developments could usher in a new era of crypto acceptance, opening doors for Solana and other altcoin ETFs. Until then, however, the path to approval remains fraught with uncertainty. 🎄Best crypto platforms in Europe | December 2024 eToro Explore Coinrule Explore Uphold Explore Coinbase Explore 3Commas Explore 🎄Best crypto platforms in Europe | December 2024 eToro Explore Coinrule Explore Uphold Explore Coinbase Explore 3Commas Explore 🎄Best crypto platforms in Europe | December 2024 eToro * Coinrule * Uphold * Coinbase * 3Commas * Disclaimer In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated. Share on Twitter Share on Email Share on Linkedin Share on Google News Sponsored Sponsored Lockridge Okoth READ FULL BIO Lockridge Okoth is a journalist at BeInCrypto, focusing on prominent industry companies such as Coinbase, Binance, and Tether. He covers a wide range of topics, including regulatory developments in decentralized finance (DeFi), decentralized physical infrastructure networks (DePIN), real-world assets (RWA), GameFi, and cryptocurrencies. Previously, Lockridge conducted market analysis and technical assessments of digital assets, including Bitcoin and altcoins such as Arbitrum, Polkadot, and... Lockridge Okoth is a journalist at BeInCrypto, focusing on prominent industry companies such as Coinbase, Binance, and Tether. He covers a wide range of topics, including regulatory developments in decentralized finance (DeFi), decentralized physical infrastructure networks (DePIN), real-world assets (RWA), GameFi, and cryptocurrencies. Previously, Lockridge conducted market analysis and technical assessments of digital assets, including Bitcoin and altcoins such as Arbitrum, Polkadot, and... READ FULL BIO Sponsored Sponsored RELATED NEWS Markets Analysis BlackRock Buys 5X More Bitcoin After Grayscale $150 Million Sale — What Next for BTC? 2 mins 8 hours ago Markets News Report SEC’s Caroline Crenshaw Faces Crypto Backlash Ahead of Re-Nomination Vote 3 mins 9 hours ago Markets Analysis Chainlink (LINK) Price Surges to 2-Year High with More Gains in Sight 2 mins 11 hours ago Markets News Report MicroStrategy’s Michael Saylor Shares Bitcoin Accumulation Plan 3 mins 12 hours ago Markets Analysis 600% Hike Pushes Hedera (HBAR) Open Interest to All-Time High, Traders Expect More 2 mins 14 hours ago 🎄Best crypto platforms in Europe | December 2024 eToro Explore Coinrule Explore Uphold Explore Coinbase Explore 3Commas Explore 🎄Best crypto platforms in Europe | December 2024 eToro Explore Coinrule Explore Uphold Explore Coinbase Explore 3Commas Explore 🎄Best crypto platforms in Europe | December 2024 eToro * Coinrule * Uphold * Coinbase * 3Commas * Most Read How This AI Trading Bot Is Excelling Bitcoin Trading During This Bull Market 4 mins Hedera (HBAR) Price Achieves Major Milestone in Historic 700% Rally 2 mins 4 days ago XRP Meme Coins Surge as Ripple’s Altcoin Gains 80% in a Week 2 mins 4 days ago Why These Altcoins Are Trending Today — December 3 2 mins 4 days ago BlackRock’s Bitcoin ETF (IBIT) Now Holds Over 500,000 BTC 3 mins 5 days ago Over $400 Million in Sandbox (SAND) Turns Profitable as the Price Skyrockets 2 mins 5 days ago Want to know more? Join our Telegram Group and get trading signals, a free trading course and daily communication with crypto fans! Join Our Telegram Sponsored Sponsored Stay up to date on crypto JOIN OUR NEWSLETTER Subscribe * Company About UsOur AuthorsCareers 🚀Our Team * Products NewsCryptocurrenciesExchangesLearnNewslettersNEW * Resources AdvertiseRemote JobsContactThe Trust ProjectVerification Methodology © 2024 BeInNews Academy. * Terms * Privacy * Disclaimer Unlock up to 0.05 BTC monthly. Mine for free Earn BTC daily