SEC Delays Franklin's Solana ETF Decision to November 2025

Key Points:* SEC delays Franklin’s Solana ETF review from September to November 2025.

• Institutional investors remain on hold pending regulatory approval.
• Market reactions show delayed SOL inflows and cooled speculative activity. The SEC has postponed the decision on Franklin Templeton’s Solana ETF application to November 14, 2025, affecting timelines for multiple crypto-related investment products.

This delay reflects regulatory caution, impacting Solana’s market dynamics and institutional investment strategies, pending clearer guidance and potential SEC approval outcomes.

SEC Extends Solana ETF Review to November 2025

The SEC has extended its review period for Franklin Templeton’s Solana spot ETF application, originally due on September 15, now to be decided by November 14, 2025. This aligns with broader regulatory caution affecting various crypto ETFs.

Institutional capital allocations remain uncertain, deferring potential inflows into Solana and related products. Market observers note that the regulatory delay affects price speculation, and immediate capital rotations are stalled until a final decision emerges.

“The Commission finds it appropriate to designate a longer period… so that it has sufficient time to consider the proposed rule change and the issues raised therein.” — Gary Gensler, Chair, SEC

Market Awaits SEC Decision Amid Institutional Uncertainty

Did you know? Since 2018, all major altcoin ETF proposals have encountered multi-month delays, mirroring the current pushback with Solana as the SEC navigates evolving regulatory landscapes.

CoinMarketCap data reveals that Solana’s price stands at $223.13, with a market cap of $121.01 billion and dominating 3.05% of the market. Recent 24-hour volume surged by 21.06% to $8.80 billion as Solana experienced a 2.02% price jump, while its 90-day rally neared 55.10%.

Solana(SOL), daily chart, screenshot on CoinMarketCap at 04:14 UTC on September 11, 2025. Source: CoinMarketCap Experts from Coincu indicate that regulatory outcomes may determine financial flows into Solana and similar assets. Past delays in altcoin ETFs often precede significant price adjustments, influencing both active trading and passive investment strategies in the evolving blockchain ecosystem.

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