SEC Delays #solana ETF Decision to October

The U.S. Securities and Exchange Commission has delayed its decision on several proposals to launch a Solana #ETF . Proposals from Bitwise, 21Shares, and Canary Capital will now be reviewed until October 16, 2025, the final deadline for a verdict.

While approval is not certain, industry experts remain optimistic, with some putting the chances at 95%. Several other major firms, including VanEck and Fidelity, are also seeking to launch Solana ETFs.