Key dealers
- SEC delayed its decision on Grayscales Solana ETF to assess compliance with investors’ protection and market integrity standards.
- Public comment periods have been opened for Blackrock’s Bitcoin ETF redemption model and 21Shares Dogecoin ETF.
US Securities and Exchange Commission delayed its decision on Gråska’s Solana ETF today, while opening public comment periods for Blackrock’s Bitcoin ETF Redemption model and 21 Shares Dogecoin ETF.
SEC expanded its review of Grayscale Soana Trust to evaluate whether the list meets investors’ protection standards and market integrity requirements. If approved, confidence would keep sun and shop at Nyse Arca.
It also delayed a decision At Grayscale Litecoin Trust, starting procedures to further assess whether the list is in line with the requirements according to Securities Exchange Act. Both Solana and Litecoin applications now meet extended timelines as the agency continues its review.
At the same time, Nasdaq’s application to change Blackrock’s Ishares Bitcoin Trust is now open to public comment.
The proposed change would enable the fund to support redemption in nature, which means that authorized participants can create or redeem shares with Bitcoin directly rather than cash. The SEC initially approved the fund in January with a redemption mechanism with cash.
21Shares Dogecoin ETF has also entered its public commentary phase following an application to the list according to Nasdaq rule 5711 (D), which covers raw material-based trust shares.
ETF plans to track down Dogge prices with a CF -directional brand -index and aims to provide exposure to Dogecoin through traditional brokerage accounts.
SEC’s latest action comes when the agency reconsider crypto product lists under new chairman Paul Atkins. The Commission has dismissed several enforcement matters and increased public commitment through crypt -focused round tables since President Trump took office.
