- The SEC delays Solana spot ETF decisions to October 2025.
- This is the final possible delay.
- Market analysts remain optimistic for approval.
The Securities and Exchange Commission has postponed decisions on several Solana spot ETF applications, including those from Bitwise and Grayscale, extending the deadline to October 16, 2025.
The delay impacts Solana’s financial markets with significant price volatility, reflecting critical regulatory influence and revealing strong institutional interest in digital asset investment vehicles.
The SEC officially postponed its decision on spot Solana ETF applications until October 16, 2025. This marks the maximum extension allowable under current rules. Analysts point to the SEC rule document 34-103709 regarding Cboe BZX as one basis for this decision.
Over five major asset managers, including Bitwise and Grayscale, await the decision. Analysts, such as those from Bloomberg, expect approvals by the deadline, stating they are “expecting standard spot Solana ETFs to be approved by mid-October at the latest.”
The delay caused a decrease in Solana (SOL) prices, trading at about $184–$191. Analysts predict potential market recovery if approval occurs, referencing historical precedents with SEC delays.
The postponement affects market sentiment, but institutional interest remains high. Investor confidence hinges on final approval, as noted by various market commentators, such as Ali Martinez who suggests Solana might offer “a final buy-the-dip chance before a potential 100% rally from current levels” (CryptoSlate).
The SEC cites the need for more comprehensive evaluation. Observers note historical precedence with such decisions, indicating possible Solana ETF approval in 2025.
Analysts project potential financial gains and market stability upon ETF approval. Data and historical trends suggest institution-driven demand persists.
