SEC Delays Solana ETF Decision Until 2025

The U.S. Securities and Exchange Commission (SEC) has pushed back its decision on Grayscale’s proposed spot Solana exchange-traded fund (ETF) until October 2025. This delay stems from the SEC’s ongoing review process for crypto products. While the market remains relatively unaffected with a slight surge in SOL prices following the announcement, no significant statements have been released by either Grayscale or Solana leadership.