The US Securities and Exchange Commission (SEC) has postponed its decision on a proposed spot Solana exchange-traded fund (ETF), now expected in October 2025. This delay follows a similar postponement regarding a Litecoin ETF. Despite this latest setback, over 80% of investors remain optimistic about the approval of Solana and Litecoin ETFs within the year. Analysts note that spot ETFs are seen as pivotal in enhancing liquidity and institutional acceptance of digital assets, similar to the positive impact recent Bitcoin ETFs had on the market. Upcoming deadlines in June will see the SEC decide on several other ETF applications, including those for Polkadot and XRP, though further delays may occur given the regulator's history of thorough reviews. Investors are projecting an 82% approval likelihood for a Solana ETF and 80% for a Litecoin ETF by year-end, signaling strong market confidence amid regulatory scrutiny.

Source 🔗