Key Takeaways
SEC extends review of Bitwise and 21Shares Solana ETF filings to October 16, 2025.
SOL pulled back from near $210 to $190 after US inflation data rattled risk assets.
Share this article
The US Securities and Exchange Commission has extended its review period for two proposed Solana ETFs from Bitwise and 21Shares, setting a new deadline of October 16, 2025, for a decision.
Both proposals seek to list and trade shares on the Cboe BZX Exchange under its Commodity-Based Trust Shares rule.
The delay comes as Solana’s price hovers around $190 after retreating from nearly $210 earlier in the week. In the past 24 hours, $70 million in SOL liquidations were recorded, according to Coinglass data.
The pullback followed hotter-than-expected US inflation data that sent risk assets lower. The July Producer Price Index rose 0.9% versus expectations for 0.2%, with the annual figure climbing to 3.3% against forecasts for 2.5%.
Solana was last trading at $189 at press time, according to CoinGecko data.
Share this article
