The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Solana ETF proposals submitted by Bitwise and 21Shares to October 16, continuing its usual practice of extending the review period for cryptocurrency ETFs. Several other companies are also awaiting approval, while BlackRock has confirmed there are no plans to launch a SOL fund. Over the past year, the SEC's stance on crypto ETFs has changed significantly, allowing the listing and trading of Bitcoin spot and Ethereum spot ETFs and related options.