Solana ETF Hopefuls Face New SEC Deadline Amid Rising Market Interest

Key Points

1. The SEC has moved the final decision date for spot Solana ETF applications to October 16, 2025, with five major funds in line for review.

2. Applications were accepted for review in February, triggering a formal 240-day window, and issuers were asked to submit amended S-1 forms in July.

3. Industry experts anticipate approval, with some predicting launch as early as summer, highlighting the potential for Solana ETFs to boost altcoin adoption and diversify crypto investment options.

4. Spot Solana ETFs could represent a major milestone for the crypto sector, following the success of spot Bitcoin and Ethereum funds, and maintain Solana’s momentum as a leading blockchain for DeFi.

5. Asset managers and investors are closely tracking the SEC’s process for insights into future industry developments.