{"id":10351,"date":"2025-09-10T18:07:01","date_gmt":"2025-09-10T18:07:01","guid":{"rendered":"https:\/\/bitunikey.com\/news\/sec-delays-decision-on-the-franklin-spot-solana-etf\/"},"modified":"2025-09-10T18:07:04","modified_gmt":"2025-09-10T18:07:04","slug":"sec-delays-decision-on-the-franklin-spot-solana-etf","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/sec-delays-decision-on-the-franklin-spot-solana-etf\/","title":{"rendered":"SEC delays decision on the Franklin spot Solana ETF"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">The U.S. Securities and Exchange Commission has postponed its decision on the Franklin Templeton spot Solana exchange-traded fund.<\/p>\n<div id=\"cn-block-summary-block_a7c6757e709be808d1c662291371ea2e\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>The Securities and Exchange Commission has delayed the decision on Franklin Solana spot ETF.<\/li>\n<li>SEC is expected to finally greenlight several crypto ETFs, most likely in October.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>In yet another decision that mirrors recent moves by the securities watchdog, SEC has delayed its decision to approve the Franklin spot Solana (SOL) exchange-traded fund.\u00a0The regulator noted this via a <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.sec.gov\/files\/rules\/sro\/cboebzx\/2025\/34-103930.pdf\" target=\"_blank\" rel=\"nofollow\">filing<\/a> on Sept. 10.<\/p>\n<p>The postponement comes days before the filing for the Solana ETF by the issuer was due for its third deadline this coming week.\u00a0<\/p>\n<p>It also follows the SEC having designated a longer review period ahead of the first deadline in May and initiated a review in June. <\/p>\n<p>With Franklin Templeton\u2019s application for SEC\u2019s nod for listing and trading of Solana ETF shares in February and form 19b-4 acknowledged in March, the final deadline now moves to mid-November 2025. SEC\u2019s document highlights Nov. 14, 2025.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">When can SEC approve Solana spot ETFs?<\/h2>\n<p>In recent months, the SEC has delayed decisions on multiple ETF applications, including on Litecoin (LTC) and XRP (XRP).\u00a0<\/p>\n<p>Notably, the agency is reviewing more than 90 crypto ETF applications, and following its delays, the anticipation is that a batched approval is coming. <\/p>\n<p>Analysts have allocated a high chance that the regulator will greenlight many of the top altcoin-related funds before the final deadline for some of the applications, with Canary Capital\u2019s Litecoin ETF filing having this pegged for October 2, 2025.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">In case you missed it, there are over 90 crypto ETFs pending SEC approval (see chart below via <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/JSeyff?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@JSeyff<\/a> )<\/p>\n<p>At this rate we&#8217;ll have one for every top 30- 40 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/crypto?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#crypto<\/a> inside 12 months, even with delays. Inflows may surprise for some, but others are still bottom bouncing on LT charts. <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/Q6HSl8xNYT\">pic.twitter.com\/Q6HSl8xNYT<\/a><\/p>\n<p>\u2014 James McKay (@McKayResearch) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/McKayResearch\/status\/1965581470770368520?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">September 10, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Litecoin, Solana and XRP are some of the top altcoins whose ETFs have elicited the most anticipation across crypto. Prices of these tokens soared when various issuers submitted S-1 filings and also when the SEC acknowledged the respective forms 19b-4s.<\/p>\n<p>Solana, with staking also included, sits as one of the most anticipated\u00a0<\/p>\n<p>In March, Franklin Templeton said Solana\u2019s decentralized finance ecosystem remains undervalued. This is despite the robust growth seen with projects such as Jupiter, Raydium, Jupiter, and Kamino. Market analysts say DeFi and ETFs could be huge catalysts for SOL price.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Securities and Exchange Commission has postponed its decision on the Franklin Templeton spot Solana exchange-traded fund. Summary The Securities and Exchange Commission has delayed the decision on Franklin&hellip;<\/p>\n","protected":false},"author":1,"featured_media":180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=10351"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10351\/revisions"}],"predecessor-version":[{"id":10352,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10351\/revisions\/10352"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/180"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=10351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=10351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=10351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}