US: SEC formally designates Oct 16, 2025 as decision date for certain spot Solana ETF proposals after summer refilings

Following summer amendments to several Solana ETF filings, the U.S. Securities and Exchange Commission issued notices designating a longer period for action, setting Oct 16, 2025 as the date by which the Commission must approve, disapprove, or institute further proceedings on at least one of the proposals (e.g., 21Shares Core Solana ETF).

Related SEC dockets show similar timing for other Solana products. This is a procedural step not an approval signal, but it compresses the uncertainty window for issuers and allocators. Sponsors should continue engagement on disclosure areas the SEC flagged in July guidance for crypto ETPs, including custody, forks, validator concentration, downtime history and any implications for staking.

For allocators, the October window provides a practical horizon to assess if a spot SOL product, if approved, would sit alongside BTC and ETH ETPs or remain a higher-beta satellite exposure. As always, the outcome will hinge on surveillance-sharing, market-manipulation monitoring and the Commission’s comfort with market structure.