Fidelity's highly anticipated Solana Exchange-Traded Fund (ETF) has once again faced a delay in its anticipated launch, as the U.S. Securities and Exchange Commission (SEC) conducts a thorough review of the application. This postponement adds to the growing list of challenges that cryptocurrency-related investment products have encountered in seeking regulatory approval. The SEC's scrutiny reflects ongoing concerns about market stability and investor protection within the rapidly evolving digital asset space. As investors and industry stakeholders await further updates, the delay underscores the uncertainty surrounding cryptocurrency regulations and the future of digital assets in traditional finance.
source: https://voiceofcrypto.online/ampstories/web-stories/fidelitys-solana-etf-delayed-again-amid-sec-review