SEC Challenges Ethereum and Solana ETFs, NFT Market Slides Amidst Uncertainty

The US Securities and Exchange Commission (SEC) has raised concerns about the launch of Ethereum and Solana pledge exchange-traded funds (ETFs), potentially delaying their approval until regulatory compliance is achieved. Meanwhile, the NFT market experienced mixed signals with a 16.76% decline in transaction volume despite a surge in user participation across platforms. This downturn follows rising concerns about security in the cryptocurrency space, prompting insurance companies to develop tailored kidnapping protection for investors.