SEC Could Decide on Spot Solana ETF Applications Ahead of Oct. 16 Deadline

Published: Oct. 13, 2025 · Updated: Oct. 13, 2025 · Author: COINOTAG

• SEC deadline Oct. 16 for multiple spot Solana ETF applications

• Major asset managers including Fidelity, Franklin Templeton and Grayscale have updated filings ahead of the deadline

• Market data shows SOL trading gains and a 26.36% rise in 24‑hour volume to $11.97 billion

Solana ETF approval: SEC decision due Oct. 16 on spot SOL ETFs from major managers — follow COINOTAG for timely market coverage and analysis.

What is the status of the Solana ETF approval?

Solana ETF approval is currently pending with the U.S. Securities and Exchange Commission (SEC), which has until Thursday, Oct. 16 to rule on several spot SOL exchange-traded fund applications. Asset manager filings and recent updates indicate ongoing regulator–applicant engagement, but no final determination has been announced.

Which firms have filed spot Solana ETF applications and what changed?

Applications before the SEC include submissions from Franklin Templeton, Bitwise, Fidelity, Canary Capital, CoinShares, Grayscale and VanEck. In late August, about seven asset managers updated their filings with the commission, a procedural signal that can indicate communications or clarifying amendments between applicants and the regulator. Investor Ted Pillows noted that the SEC has until Oct. 16 to reach a decision.

How is the market reacting ahead of the SEC decision?

Market participants have responded with measurable optimism. As of press time, Solana (SOL) was trading at $193.54, a 6.25% increase over 24 hours, with an intraday peak near $199.67. Trading volume rose by 26.36% to $11.97 billion, suggesting elevated interest and positioning ahead of the regulatory deadline. Over the prior seven days SOL recorded a 17.12% decline, reflecting broader market weakness, but intraday gains show buyers returned amid ETF anticipation.

What are analysts and community members saying?

Some market commentators and analysts have published price-range scenarios tied to a hypothetical approval, with figures cited between $345 and $520. Separately, social media posts by individual users — identified only as community contributors — propose more aggressive outcomes, including a speculative $1,000 target. These projections are opinion-based; the factual elements remain the SEC filings, filing dates and observable market metrics.

Frequently Asked Questions

When will the SEC decide on spot Solana ETFs and what does the deadline mean?

The SEC’s statutory review timelines mean the commission must act by Oct. 16 on the pending spot Solana ETF applications. The deadline is the last date for a decision under current procedural dockets; the SEC can also extend or delay via established processes, which would change the timetable for any final action.

Will a Solana ETF approval immediately raise SOL’s price?

An approval would likely increase institutional access and could attract new capital, which market participants often view as bullish for price. However, immediate price movement depends on investor behavior, macro conditions, and liquidity; historical ETF approvals in crypto markets have shown both rapid price appreciation and periods of consolidation.

Key Takeaways

• SEC deadline: The SEC must rule by Oct. 16 on multiple spot Solana ETF applications; that date is pivotal for regulatory clarity.
• Major applicants: Franklin Templeton, Bitwise, Fidelity, Canary Capital, CoinShares, Grayscale and VanEck have filings before the SEC; several updated filings in late August.
• Market signals: SOL price rose to $193.54 (+6.25% 24h) with volume up 26.36% to $11.97B, indicating elevated trading activity ahead of the decision.

Conclusion

The approaching Oct. 16 deadline places Solana ETF approval at the center of market attention. Filings from prominent asset managers and recent procedural updates suggest active engagement between applicants and the SEC, while market indicators reflect increased trading and buyer interest. COINOTAG will continue to monitor official SEC filings, asset manager statements and market data for authoritative developments and provide timely updates.

Authoritative sources referenced (plain text): U.S. Securities and Exchange Commission (SEC) filings; applicant filings from Franklin Templeton, Bitwise, Fidelity, Canary Capital, CoinShares, Grayscale, VanEck; market data from CoinMarketCap and on‑chain analytics providers.