Recent reports indicate that the SEC has extended the review period for Solana ETF applications, setting a new deadline for mid-October 2025.
Details of the Solana ETF Review Extension
The SEC has exercised its full authority for a 60-day extension, with a new deadline of October 16, 2025, for the filings by Bitwise and 21Shares. The documents state that a "full review" is required.
Public Input and Regulatory Hurdles
The SEC has opened a public comment period for the Solana ETF proposals. This allows stakeholders to express their views on investor protection and market safeguards.
Market Reaction to Solana ETF News
Following the latest news about the Solana ETF, the price briefly popped above $209 on optimism. As of now, SOL is trading at $196 with high open interest in derivatives.
The long road to Solana ETF approval shows that the SEC is taking a careful approach to regulation. While a decision in Q4 is anticipated, the market remains poised for the final outcomes.
