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TechFlow news, on December 6, according to Fox Business journalist Eleanor Terrett, the U.S. Securities and Exchange Commission (SEC) has notified at least two of the five Solana spot ETF applicants that it will reject their Form 19b-4 filings. Sources indicated that the SEC is unlikely to consider approving any new cryptocurrency ETF products during the current administration.
According to Fox Business journalist Eleanor Terrett, the U.S. Securities and Exchange Commission (SEC) has notified at least two of the five firms that filed for Solana spot ETFs that it intends to reject their Form 19b-4 applications. Sources indicate that the SEC is unlikely to consider approving any new cryptocurrency ETF products during the current administration.
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