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Solana ETF Approval Unlikely Says CEO

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.

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