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

The flow of stablecoins and the spillover effects in the foreign exchange market

Research has found that an exogenous increase in net inflows of stablecoins significantly widens the price deviation between stablecoins and traditional foreign exchange, leads to depreciation of the local currency, and worsens the financing conditions for synthetic dollars (i.e., increases the doll...

After two years, Hong Kong's first batch of stablecoin licenses finally issued: HSBC, Standard Chartered make the cut

The regulated entity is set to launch a stablecoin in the first half of this year.

The person who helped TAO rise by 90% has now single-handedly crashed the price again today

As long as people are around, the story continues. But once they're gone, you may not even find a worthy opponent to play against.

3-Minute Guide to Participating in the SpaceX IPO on Bitget

Bitget IPO Prime brings a rare opportunity for global users to participate in world-class unicorn IPOs, allowing ordinary users to equally access the potential economic benefits of top-tier IPOs.

Top 5 Cryptos to Buy in 2026 Q1: A ChatGPT Deep Dive Analysis

Explore the top 5 cryptos to buy in Q1 2026 including BTC, ETH, SOL, TAO, and ONDO. See price outlooks, key narratives, and institutional catalysts shaping the next market move.

How to Earn $15,000 with Idle USDT Before Altcoin Season 2026

Wondering if altcoin season is coming in 2026? Get the latest market update, and learn how to turn your idle stablecoins waiting for entry into extra rewards up to 15,000 USDT.

Popular coins

Latest Crypto News

Read more