SEC Delays Grayscale Solana ETF Decision Until October

The U.S. Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the proposed Grayscale Solana ETF, filed by the New York Stock Exchange (NYSE). 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. 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. Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','1188189499475368');fbq('track','PageView'); Source: https://coindoo.com/sec-delays-grayscale-solana-etf-decision-until-october/