{"id":19665,"date":"2025-07-09T06:39:27","date_gmt":"2025-07-09T06:39:27","guid":{"rendered":"https:\/\/kriptomagazin.si\/?p=19665"},"modified":"2025-07-09T06:39:27","modified_gmt":"2025-07-09T06:39:27","slug":"zamuda-pri-odlocitvi-o-fidelityjevem-solana-etf-ju-zaradi-novih-regulativnih-smernic","status":"publish","type":"post","link":"https:\/\/testnamag.si\/staging\/zamuda-pri-odlocitvi-o-fidelityjevem-solana-etf-ju-zaradi-novih-regulativnih-smernic\/","title":{"rendered":"Zamuda pri odlo\u010ditvi o Fidelityjevem Solana ETF-ju zaradi novih regulativnih smernic"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"19665\" class=\"elementor elementor-19665\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6ac44a4a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6ac44a4a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cf7eb51\" data-id=\"cf7eb51\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-73e21c97 elementor-widget elementor-widget-text-editor\" data-id=\"73e21c97\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Ameri\u0161ka komisija za vrednostne papirje in borzo (SEC) je 7. julija 2025 uradno napovedala odlog odlo\u010ditve o predlaganem borznem skladu (ETF), ki bi vlagateljem omogo\u010dil neposredno izpostavljenost kriptovaluti Solana. S tem je stekel formalni postopek ocenjevanja predloga, ki ga je vlo\u017eila borza Cboe BZX v imenu dru\u017ebe Fidelity Investments.<\/span><\/p><h2><b>Nov okvir za ETF-je in javno posvetovanje<\/b><\/h2><p><span style=\"font-weight: 400;\">Z odlogom je SEC za\u010dela 35-dnevni \u010dasovni okvir za zbiranje javnih komentarjev. Prvih 21 dni je namenjenih posredovanju mnenj \u0161ir\u0161e javnosti, medtem ko je dodatnih 14 dni predvidenih za odgovore na prejete pripombe. Glavni razlog za zamudo je povezan z novo objavljenimi regulativnimi smernicami, ki poudarjajo potrebo po ve\u010dji preglednosti pri strukturiranju <\/span><b>kripto<\/b><span style=\"font-weight: 400;\"> investicijskih produktov.<\/span><\/p><p><span style=\"font-weight: 400;\">Med klju\u010dnimi zahtevami, ki jih SEC zdaj nalaga vlagateljem v tovrstne ETF-je, so jasnej\u0161e predstavitve tveganj, modelov skrbni\u0161tva nad sredstvi ter poenostavljene razlage mehanizmov delovanja teh produktov.<\/span><\/p><h3><b>Komentarji strokovnjakov in odziv industrije<\/b><\/h3><p><span style=\"font-weight: 400;\">Analitik ETF-jev pri Bloombergu, James Seyffart, je dejal, da je bila zamuda pri\u010dakovana, saj se SEC \u0161e vedno zadr\u017eano odziva na pobude za borzne sklade, povezane z altcoini, kot je Solana. Kljub napredku pri oblikovanju splo\u0161nih politik za <\/span><b>kripto<\/b><span style=\"font-weight: 400;\"> ETF-je, regulatorni okvir za posamezne digitalne valute ostaja nedore\u010den.<\/span><\/p><p><span style=\"font-weight: 400;\">Pristojni organ pripravlja tudi dodatne dokumente, katerih cilj je skraj\u0161anje trajanja celotnega postopka odobritve, ki trenutno traja ve\u010d kot 200 dni. Po novem bi ta rok lahko zna\u0161al zgolj 75 dni, vendar ta sprememba \u0161e ni formalno sprejeta.<\/span><\/p><h3><b>Alternativne poti vlaganja v Solano<\/b><\/h3><p><span style=\"font-weight: 400;\">Medtem ko Fidelityjev predlog ostaja v negotovosti, so se na trgu pojavili alternativni produkti. Podjetji REX Financial in Osprey Funds sta denimo predstavili sklad, ki ponuja posredno izpostavljenost Solani in vklju\u010duje tudi nagrade za &#8220;staking&#8221;. Ker ti produkti ne sodijo pod neposredno regulacijo ETF-jev, omogo\u010dajo hitrej\u0161i dostop vlagateljem, ki \u017eelijo sodelovati v rasti ekosistema Solane.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f38619 elementor-widget elementor-widget-text-editor\" data-id=\"6f38619\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f2e6eb4 elementor-widget elementor-widget-heading\" data-id=\"f2e6eb4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Sledite nam na socialnih omre\u017ejih:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b0829ca e-grid-align-left elementor-shape-rounded elementor-grid-0 elementor-widget 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S tem je stekel formalni postopek ocenjevanja predloga, ki ga je vlo\u017eila borza Cboe BZX v imenu dru\u017ebe Fidelity Investments. Nov okvir za ETF-je in javno [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":33863,"comment_status":"closed","ping_status":"open","sticky":false,"template":"elementor_theme","format":"standard","meta":{"footnotes":""},"categories":[116,118],"tags":[],"class_list":["post-19665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kripto-novice","category-politika"],"jetpack_featured_media_url":"https:\/\/testnamag.si\/staging\/wp-content\/uploads\/2025\/10\/NASLOVNA-SLIKA-NOVICE-15.png","_links":{"self":[{"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/posts\/19665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/comments?post=19665"}],"version-history":[{"count":0,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/posts\/19665\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/media\/33863"}],"wp:attachment":[{"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/media?parent=19665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/categories?post=19665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/tags?post=19665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}