The U.S. Securities and Exchange Commission’s (SEC) decision to delay the ruling on proposed Spot Solana ETFs from major players like Bitwise and 21Shares has sent waves of anticipation through the digital asset market. The SEC initially set an October deadline, pushing back the timeline for a definitive ruling, as first reported by Unfolded on X. This news, while extending the wait, aligns with the SEC’s historical approach to new cryptocurrency investment vehicles. 2023 has seen delays on other crypto ETFs. However, market watchers remain optimistic about the eventual approval of a Solana ETF and anticipate a potential positive outcome that could significantly impact the future of the Solana ecosystem and broader landscape of digital asset investment.