SOL Strategies CEO Expects US Regulatory Delay for Solana (SOL) ETF Approval

According to Crypto Briefing, Leah Wald, the CEO of the Toronto-based investment firm SOL Strategies, stated on the 9th (local time) that "due to regulatory challenges, the approval process for the Solana (SOL) Exchange-Traded Fund (ETF) in the United States is expected to be delayed."

She added, "It seems it will take quite a long time. It may take over a year for regulators to understand and educate themselves about the unique characteristics of Solana," noting that "Canada is likely to approve the Solana ETF before the United States. Canada has been leading in ETF innovation."