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CYRPTO TIMES

U.S. SEC delays decision on PENGU and ADA ETFs

The SEC has postponed decisions on the PENGU and Cardano exchange-traded funds, extending reviews into October and keeping altcoin markets on edge. Summary SEC delayed rulings on Canary Spot PENGU ETF and Grayscale’s Cardano ETF until October 2025. PENGU ETF’s unique mix of memecoin and NFTs raises compliance and valuation concerns. ADA and PENGU prices…

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Solana treasury plays gain ground as Pantera Capital eyes $1.25b fund: report 

Institutional interest continues to grow as more heavyweights look to launch corporate reserves via a Solana treasury. Summary Pantera Capital is reportedly planning to raise up to $1.25 billion to convert a Nasdaq-listed company into a Solana-focused treasury firm. Other firms are pursuing similar initiatives, with corporate SOL holdings now totaling approximately $700 million. SOL…

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