Delays Expected for Solana ETF Approval in the US
- Leah Wald, CEO of Sol Strategies Inc., anticipates delays in US approval of a Solana ETF.
- Regulatory challenges and evolving SEC leadership are cited as reasons for the delay.
- Wald believes educating regulators about Solana could take over a year.
- Canada is more likely to approve a Solana ETF before the US, led by issuer 3iQ.
- The potential change in SEC leadership could impact crypto regulation but requires caution.
Leah Wald predicts that regulatory hurdles will postpone the approval of a Solana ETF in the United States, while Canada may lead with an earlier approval due to its innovative track record.