A new report deals a major blow to the chances of a Solana exchange-traded fund launching on Wall Street soon. Just days after cryptocurrency behemoth Grayscale joined the SOL ETF race, sparking hopes of an impending greenlight, the Securities and Exchange Commission (SEC) has informed at least two prospective would-be ETF issuers that it will reject their applications.

SEC To Throw Out SOL ETF Filings

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