SEC Acknowledges Solana ETF Bid Amid New Government’s Crypto-Friendly Stance
- The US SEC has acknowledged a bid by Grayscale for a Solana exchange-traded fund (ETF).
- This marks a change from six weeks ago when a similar bid was rejected.
- The shift coincides with the new US government’s crypto-friendly policies.
- Solaxy ($SOLX) raised close to $19 million in presale funding.
- MIND of Pepe ($MIND) garnered over $5.5 million during its presale.
- Wall Street Pepe ($WEPE) collected over $70 million in its presale.
The SEC’s acknowledgment of Grayscale’s Solana ETF bid indicates a regulatory shift, as evidenced by the previous rejection just six weeks prior. This change aligns with the new government’s supportive stance on cryptocurrency.
Source (2.6)https://www.newsbtc.com/news/top-6-meme-coins-to-buy-as-sec-acknowledges-first-ever-solana-etf-application/?rand=52377
