Solana News Today: SEC Pushes Solana ETF Decision to October 16 2025 Amid Review of Classification and Market Risks

The U.S. Securities and Exchange Commission (SEC) has pushed back its decision on spot Solana (SOL) ETF applications to October 16, 2025, marking the final procedural extension allowed under its rules [1]. This delay affects filings from Bitwise, 21Shares, and Canary Capital, and follows earlier reviews in March and May [2]. The agency cited the need for further examination of market integrity, investor protection, and the classification of Solana—specifically whether it should be treated as a security or a commodity [3]. The review period extension underscores the SEC’s ongoing caution in approving crypto-based investment products, even as investor interest in Solana continues to grow.

The demand for Solana-related investment vehicles has remained robust, with the REX Shares Solana Staking ETF (SSK) seeing $13 million in inflows on August 14 alone. Since its launch on July 2, the ETF has accumulated over $150 million in assets under management [4]. This momentum comes despite recent market volatility, as the price of Solana dropped 6% in the last 24 hours to $191 [5]. Analysts, including Shawn Young of MEXC Research, have noted that the SEC’s delay reflects a broader effort to balance innovation with regulatory safeguards, emphasizing that a mature and transparent ecosystem is essential for investor confidence [6].

The October 16 deadline has become a key focal point for investors and the crypto industry. Market participants are closely watching whether the SEC will greenlight the Solana ETFs or impose additional conditions. A decision in favor of approval would not only impact Solana’s price trajectory but could also set a precedent for other altcoins such as XRP and Cardano [7]. However, the extension does not necessarily indicate rejection, as regulatory hurdles remain part of the process. Industry watchers remain cautiously optimistic, with many expecting a favorable outcome if the agency concludes that the proposed products meet its standards.

The delay highlights the tension between the rapid evolution of the digital asset market and the more deliberate pace of regulatory action. While the Solana ETF applications have faced prolonged review, the growing traction of staking ETFs and other related products signals a broader shift toward institutional acceptance of blockchain-based assets. As the final decision date approaches, the outcome will likely influence both market sentiment and the trajectory of crypto ETF development in the U.S.

Source:

[1] SEC Delays Solana ETF Decision to October Amid Investor Interest (https://www.livebitcoinnews.com/sec-delays-solana-etf-decision-to-october-amid-investor-interest/)

[2] SEC Delays Spot Solana ETF Decision to October 2025 (https://coinpaper.com/10525/solana-etf-hopefuls-face-new-sec-deadline-amid-rising-market-interest)

[3] Solana ETF Approval on Hold Until October 2025 Amid (https://cryptodaily.co.uk/2025/08/solana-etf-approval-on-hold-until-october-2025-amid-inflation-driven-market-turbulence)

[4] SEC Delays Solana ETF Decision to October (https://www.mitrade.com/insights/news/live-news/article-3-1042728-20250815)

[5] SEC Delays Solana ETF Decision Until October 16 (https://www.ainvest.com/news/solana-news-today-sec-delays-solana-etf-decision-october-16-regulatory-scrutiny-2508-24)

[6] Solana Eyes $360 Rally as SEC Delays ETF Decision (https://www.ainvest.com/news/solana-news-today-solana-eyes-360-rally-sec-delays-etf-decision-october-2508)