SEC Delays Grayscale’s Solana, Litecoin ETF Decisions: Market Reactions Remain Steady

The U.S. Securities and Exchange Commission (SEC) has extended the review period for Grayscale’s Solana and Litecoin spot ETF applications to October 2025. This move underscores ongoing regulatory challenges within the cryptocurrency exchange-traded fund (ETF) sector, though market reactions are largely calm as alternative investment strategies gain traction. The SEC’s decision impacts Grayscale Investments’ aims to expand its ETF portfolio offerings. SEC Chair Paul Atkins leads the review process aimed at assessing investor protection and market transparency.