🗓️ Timeline & Regulatory Update
1. SEC deadline extension until the end of July
SEC officially opens public comment period on the Solana ETF application (along with XRP), extending the deadline to the end of July 2025—the process is still ongoing.
2. S-1 revision filing and positive signals
– Several issuers (Grayscale, VanEck, 21Shares, Bitwise, Canary, Fidelity, Franklin Templeton) filed S-1 revisions, focusing on staking and redemptions.
– SEC responds in ~30 days, indicating an accelerated process—approval could be within 3–5 weeks after revision.
3. Approval odds getting higher
Bloomberg analysts like James Seyffart and Eric Balchunas raise approval chances:
From 76% → now 90–95% for SOL, XRP, LTC
4. Estimated ETF Launch
Estimates from July–October 2025:
July: intensive review process, possible approval of SOL spot ETF early July–August.
August–October: SEC deadline in October 2025 for final decision
