The post SEC Deadline for Solana ETF Decision Set for October 2025 appeared on BitcoinEthereumNews.com.

TLDR Multiple asset managers including Grayscale, Bitwise, Canary, 21Shares, and VanEck have filed applications for spot Solana ETFs, with the SEC’s deadline extending to October 16, 2025 Bloomberg analyst Eric Balchunas estimates a 70% chance of Solana ETF approval in 2025, following the successful launches of Bitcoin and Ethereum ETFs under the Trump administration Coinbase’s derivatives exchange launched Solana futures contracts this week, potentially strengthening the case for ETF approval by providing a regulated market Pantera Capital expects a Solana ETF approval by March 2025, citing growing DeFi presence and strong developer activity as supporting factors Solana’s DEX Raydium has outperformed Ethereum’s Uniswap in trading volume for two consecutive months, showing increased market activity The Securities and Exchange Commission (SEC) has begun reviewing applications for spot Solana exchange-traded funds (ETFs), marking a potential expansion of cryptocurrency investment products in the United States. The regulatory body has set an October 16, 2025 deadline for its decision on these applications. Five major asset management firms have submitted applications for spot Solana ETFs. These companies include Grayscale, Bitwise, Canary, 21Shares, and VanEck, each hoping to create investment products that track the price of Solana. The move follows the successful launches of spot Bitcoin and Ethereum ETFs, which were approved last year under the Trump administration. These earlier approvals led to billions of dollars in institutional investment flowing into the top two cryptocurrencies. Bloomberg Senior ETF Analyst Eric Balchunas has given the Solana ETF applications a 70% chance of approval this year. “Right now, the only thing that’s happened is they didn’t get a phone call telling them to go away,” Balchunas told Decrypt. Our official alt coin ETF approval odds are out. Litecoin leads w 90% chance, then Doge, followed by Solana and XRP. We are only doing for 33 Act $IBIT-esque filings.…

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Filed under: News - @ February 21, 2025 9:23 am