Why Solana ETF is not being approved
Waja janny sy phly, hamain pta hona chahiya ky
security or
commodity my kya farq hai or kis qanoon or steps ky tehat SEC or CFTC kisi cryptocurrency ko Security ya phr Commodity qarar deti hai. Security ik asi investment hai jis my ap paisy lagaty ho or profit ya loss kamaty ho or yeh cheezain centralized ya koi khas company control kr rhi hoti hain misal ky tor pr bonds, options, futures etc. ab ap souch rhain hongy ky tb to sari cryptocurrencies to security hongi lekin nop. Commodity ka matlb ik asi cheez ki khareedo farokht hai jo hm physical life my istemal krty hai jasa ky gandum, gold, silver, etc.
Asan lafzo my commodity ki price demand and supply pr munhasir krti hai jb ky security ko single bnda ya organization control kr rhi hoti hai.
Ab aty hain ky bai SOLANA ka ETF approve ku nhi ho rha. Abhi tk to 2 companies ny SOL ETF ky liya apply kiya tha, (
VanEck and
21Shares) In dono companies ny S-1 Form fill kiya tha lekin 21Shares ny wo form withdraw kr liya lekin
S-1 Form ki itni ahmiyat nhi hain ku ky is sy deadline nhi lgai jati. Sb sy zayada Ahmiyat
19b-4 form ki hoti hai ky ky agr yeh approve ho jai to request federal Register my chlti jati hai or phr SEC pr deadline lga di jati hai. Ky bai ap is time sy phly phly solid reason do reject ka ya phr accept kro.
Lekin 19b-4 form hi proceed nhi howa or request agy nhi badh ski or deadline impose na ho ski. SEC ka kahna hai ky 1 security ka ETF approve nhi kr sky ku ky security ko bohat sy rule and regulations sy guzrna padhta hai or kafi regulatiory secrunity dekhni padhti hai. Is waja sy SOL as a security rules and regulations pr pori utr nhi rhi jis waja sy unho ny isko reject kr diya.
What NowAbhi 2 rasty hain ya to SEC and CFTC ya to apni administration tabdeel kry ya to SOL ko bi BTC and ETH ki trha commodity karar dy dy. Agr to SOL commodity bn jata hai tb isy SEC ky Howey Test sy guzrna nhi padega or sakhat regulations ka bi samna nhi krna padega.
Ap ki kya ry hai is pr, kya SOL ka ETF approve ho jai ga jo ky abhi 1 security hai ya is sy phly dusri commodities ka ETF approve ho ga jo ky darj zail hain
- bitcoin-->Already Approved
- ether-->Already Approved
- litecoin
- tether
- BCH