SEC Delays Solana ETF Decision to October 2025, Triggering Market Volatility

The Securities and Exchange Commission (SEC) has extended the deadline for its decision on Solana ETFs from Bitwise, 21Shares, Canary Capital, and Marinade Finance. This move has resulted in market volatility as investors anticipate potential regulatory implications for institutional crypto investments. The SEC cited a need for further time due to ongoing market and regulatory considerations. This extension could lead to substantial inflows if the SEC ultimately approves the ETFs, potentially impacting Solana’s market value significantly.