SEC postpones Bitwise and 21Shares' Solana ETF proposal until October 16th decision According to The Block, the US Securities and Exchange Commission (SEC) has postponed its decision on whether to approve the Solana Exchange Traded Fund (ETF) proposal. The SEC stated in the submitted documents that the next deadline for the Bitwise Solana ETF and 21Shares Core Solana ETF is set for October 16th. Both documents state: "The committee believes that it is appropriate to designate a longer deadline for issuing orders approving or rejecting proposed rule changes, so that the committee has sufficient time to consider the proposed rule changes and the issues raised therein Due to companies modifying their filing documents last month to obtain SEC approval, the SOL ETF proposal is making progress. Companies including Proshares, Grayscale, Canary, 21Shares, etc. are all waiting for SEC approval.