SEC Delays Solana ETF Decision to October 2025

By: cryptosheadlines|2025/05/15 15:00:13
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Market NewsThe SEC delayed Grayscale’s Solana ETF decision until October 2025.Over 80% of investors expect Solana and Litecoin ETFs to be approved by year-end.The U.S. Securities and Exchange Commission (SEC) has delayed its decision on Grayscale’s spot Solana (SOL) ETF. The new deadline has been pushed to October 2025, according to a filing dated May 13. The application aims to list the ETF on the New York Stock Exchange (NYSE).This move mirrors the SEC’s long-standing practice of using the full 240-day review period. The decision follows a recent delay in the agency’s review of Canary Capital’s Litecoin ETF. Meanwhile, investors are closely watching other crypto ETF proposals. Decisions on ETFs for Polkadot (DOT), XRP, and Dogecoin (DOGE) are all due in June.ETF Approval Odds Remain HighGrayscale first filed for the Solana ETF earlier this year. The firm hopes to provide regulated exposure to one of crypto’s top-performing layer-1 networks. Spot ETFs offer a direct link to the real-time market price of the asset. These instruments are widely seen as crucial for institutional adoption.For instance, spot Bitcoin ETFs saw massive inflows after their approval in early 2024. They pushed Bitcoin above $50,000 within a month. Although Solana may not draw Bitcoin-level demand, analysts expect the ETF could unlock billions in capital. Bitget’s Ryan Lee noted that a Solana ETF could drive long-term institutional adoption.Despite the delay, investor sentiment remains positive. Prediction market Polymarket assigns an 82% probability of approval for the Solana ETF by year-end. It also gives Litecoin’s ETF an 80% approval chance by December. These numbers show confidence in regulatory progress.The SEC is now preparing for a critical round of ETF decisions in June. Grayscale’s Polkadot ETF is due on June 11. Franklin Templeton’s XRP ETF and Bitwise’s Dogecoin ETF both face deadlines on June 17. Another Polkadot ETF by 21Shares is set for June 24. However, analysts expect further delays. The SEC has consistently opted for cautious, extended evaluations.Highlighted Crypto News TodayNasdaq Firm with Chinese Ties Backs TRUMP Memecoin in $300M DealshareSindhuBudding crypto writer with a keen interest in providing fresh insights and the latest updates in the crypto space. Enthusiastic about translating complex crypto concepts into clear, actionable information for readers.Source link

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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