SEC Delays Grayscale Solana ETF Decision, New Deadline Set for October 10

The U.S. Securities and Exchange Commission (SEC) postponed its decision on Grayscale’s Solana Trust ETF, setting a new deadline of October 10, 2025. The delay allows more time to review the fund’s proposed listing on NYSE Arca amid rising spot crypto ETF applications and regulatory changes. Industry experts view it as a routine step. The final decision is highly anticipated as demand for spot crypto ETFs, including Solana, grows in the U.S. financial market.