SEC Delays Solana ETF Decision: Industry Awaits

The US SEC delays decision on the Solana ETF, a key step for crypto adoption, to October 2025. The delay mirrors recent actions by the SEC, such as postponing Canary Capital's Litecoin ETF decision. Spot ETFs, crucial for liquidity and institutional investments in crypto, face scrutiny with several looming deadlines, including Polkadot, XRP, and DOGE in June. Despite the delay, the industry is hopeful, with an 82% predicted approval chance for SOL ETF by year-end. The crypto community watches closely as SEC decisions shape digital asset futures.