Solana News Today: SEC Delays Solana ETF Decisions to October 16 2025

The U.S. Securities and Exchange Commission has postponed the decision deadlines for several Solana (SOL) ETF proposals, with the final approvals or rejections for applications from Bitwise, 21Shares, Canary Funds, and Marinade Finance now expected by October 16, 2025 [1]. This marks the final procedural extension permitted under current SEC rules, confirming the October 16 deadline as the firm cutoff for a regulatory ruling [2]. The agency cited the need for additional time to evaluate updated filings and their potential market impacts, but did not specify the nature of its concerns [3].

The delay reflects a broader trend of cautious regulatory scrutiny surrounding digital asset products. The SEC has historically raised concerns about market manipulation, liquidity, and the structural risks associated with cryptocurrency indices [4]. While the agency did not provide specific reasons for this particular delay, analysts suggest it may be due to the evolving nature of the Solana market or the complexity of structuring a compliant ETF product [5]. The extension also highlights the SEC’s ongoing struggle to balance innovation with investor protection in the rapidly changing crypto landscape [6].

Market participants and analysts have responded to the delay with mixed reactions. Some, like Bloomberg ETF analyst James Seyffart, expect final decisions by mid-October at the latest, suggesting that the regulatory process is nearing its conclusion [7]. Others, such as Nate Geraci of The ETF Store, remain optimistic that a broad array of crypto ETFs will soon be approved, citing regulatory tailwinds and strong inflows into Bitcoin and Ether funds as signs of growing institutional acceptance [8]. However, the uncertainty surrounding the Solana ETFs has led to volatility in the broader crypto market, with liquidations reaching $800 million in the past 24 hours, including $50 million in SOL long positions [9].

Despite the regulatory holdup, the price of Solana has continued to rise, reaching $209 on Thursday as speculation around the potential ETF approval intensified. Open interest in the derivatives market has also surged, nearing recent records, indicating strong positioning for a continuation of the uptrend [10]. Institutional interest in Solana remains strong, though some analysts caution that only a few projects are likely to gain lasting traction with major capital allocators [11].

The outcome of the SEC’s review will have far-reaching implications for the crypto market. If approved, the Solana ETFs could serve as a model for future digital asset products, potentially accelerating the integration of cryptocurrencies into traditional financial systems. Conversely, a rejection would likely reinforce the perception that the SEC remains skeptical of crypto-based financial instruments, potentially slowing innovation in the space [12]. The final decision in late October will be closely monitored by investors, regulators, and market participants, as it could set an important precedent for the approval of additional digital asset ETFs.

Source:

[1] title: SEC Punts Decision Deadlines for Solana ETFs by Two Months

(url: https://finance.yahoo.com/news/sec-punts-decision-deadlines-solana-015620357.html)

[2] title: SEC Punts Decision Deadlines for Solana ETFs by Two ...

(url: https://decrypt.co/335387/sec-punts-decision-deadlines-for-solana-etfs-by-two-months)

[3] title: Bitwise Solana ETF Faces SEC Delay as Key Decision ...

(url: https://blockonomi.com/just-in-bitwise-solana-etf-faces-sec-delay-as-key-decision-moved-to-october/)

[4] title: SEC Delays Bitwise Solana ETF Decision to October 16 2025

(url: https://www.ainvest.com/news/solana-news-today-sec-delays-bitwise-solana-etf-decision-october-16-2025-2508/)

[5] title: These Four Solana ETFs are Getting Delayed Again

(url: https://beincrypto.com/us-solana-etf-delay-sec/)

[6] title: SEC Delays Decision on Solana ETFs to October 16, 2025

(url: https://www.bitget.com/news/detail/12560604913062)

[7] title: SEC Delays Solana ETFs, Heightening Regulatory ...

(url: https://news.ssbcrack.com/sec-delays-solana-etfs-heightening-regulatory-uncertainty-in-cryptocurrency-market/)

[8] title: Decision date for Bitwise and 21Shares' Solana ETF ...

(url: https://www.binance.com/en/square/post/28325469374801)

[9] title: Solana ETF Approval Decisions Delayed by SEC Until ...

(url: https://decrypt.co/news-explorer?pinned=1130533&title=solana-etf-approval-decisions-delayed-by-sec-until-october)