SEC Delays Grayscale Solana ETF Decision Until October

This postponement was widely expected, as the SEC has up to 240 days from the initial filing acknowledgment to issue a final verdict. In this case, the deadline falls in October 2025.

This move is consistent with the SEC’s standard approach to 19b-4 filings, allowing regulators time to evaluate the ETF’s compliance with federal securities laws, its structural details, and any broader market implications.

The delay reflects the SEC’s ongoing cautious stance toward crypto-related financial products, particularly as it weighs the risks and regulatory complexities posed by new offerings like SOL-based ETFs.

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The SEC’s review of the Grayscale Solana ETF is part of a larger wave of heightened regulatory scrutiny aimed at ensuring that digital asset products meet existing compliance standards before being approved for public trading.

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