📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Breaking: Fidelity's Solana ETF Delayed by SEC
The U.S. Securities and Exchange Commission (SEC) has delayed the approval of a spot exchange-traded fund (ETF) for Solana (SOL) that was proposed by Boston-based mutual fund giant Fidelity.
Fidelity officially filed its S‑1 registration statement with the agency for a spot-based Solana ETF on June 13, joining a long list of other hopefuls
The most recent delay was expected, according to Bloomberg
Recently, REX‑Osprey successfully rolled out a staking-enabled Solana ETF via an unorthodox structure that sidesteps the usual approval process for spot ETFs
There was some controversy about whether or not it could actually count as a spot-based product, with Polymarket eventually weighing in on the matter
As reported by U.Today, spot Solana ETFs are likely to be approved before other offerings based on a recent report by Reuters
However, this might not happen until fall since the agency is working on its new guidance that aims to streamline the process of approving new ETF products