The post Solana ETF stalls as SEC delays decision on proposals  appeared on BitcoinEthereumNews.com.

The push to launch a U.S.-listed Solana ETF has hit another pause. The Securities and Exchange Commission has pushed back its decision on multiple proposals, adding fresh uncertainty. Summary The SEC has postponed its verdict on several Solana ETF proposals. ETF analysts currently place the odds of approval at 95%, with increased engagement between issuers and the SEC seen as a positive sign. Despite strong industry optimism, the SEC’s final decision to approve or deny the products remains uncertain. In separate filings on August 14, the SEC announced its decision to delay the ongoing reviews of the proposed launch of a Solana-tracking ETF by three potential issuers. This includes Bitwise, 21Shares, and Canary Capital. Citing the need for additional time to assess the proposed rule changes, the identical filings extend the deadline for a verdict by a 60-day period. The move is not unfamiliar and follows previous delays for the Solana ETFs, as well as other altcoin-based proposals like XRP in recent months. “The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider,” each filing read. With this action, the SEC has used its full allowable extension for the current review cycle, pushing the deadline for a final decision to October 16, 2025. By that date, the regulator must either approve or reject the proposed investment vehicle, aligning with expert predictions for a potential rollout in the second half of the year. Solana ETF: Is approval likely? While the unpredictable nature of the regulatory commission makes predicting a verdict challenging, industry optimism is high. In June, Bloomberg ETF analysts James Seyffart and Eric Balchunas placed the odds of approval at 90%, later raising them to 95%. Commenting…

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Filed under: News - @ August 15, 2025 7:17 am