The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on multiple proposals for Solana-related ETFs, adding uncertainty to this sector.
Delayed SEC Decisions on Solana ETFs
On August 14, the SEC announced that it required additional time to assess proposed rule changes. This decision is part of a usual process that has previously occurred for Solana ETFs and other altcoins. As a result, the deadline for a final decision has been pushed to October 16, 2025.
Analysts' Approval Predictions
Despite the unpredictable nature of SEC decisions, industry experts remain optimistic. Bloomberg analysts initially pegged approval odds at 90%, later raising them to 95%. They believe ETFs could likely be approved by the deadline, as there is observed proactive engagement between the commission and issuers.
Other Solana ETF Proposals
In addition to the four delayed proposals, numerous other asset managers are attempting to launch their Solana ETFs. These include firms like VanEck, Grayscale, and Franklin Templeton. The SEC is also set to review proposals from other potential issuers in the near future.
While overall sentiment in the industry remains positive, the SEC's final decision regarding the fate of Solana ETFs remains uncertain.
