2025-17722Notice

SEC Puts Brakes on Solana ETF: Crypto Dreams on Hold Longer

Published Date: 9/15/2025

Notice

Summary

The SEC is taking more time to decide if the Franklin Solana ETF can be listed and traded on the Cboe BZX Exchange. This affects investors interested in this new commodity-based fund and could impact when the ETF becomes available to trade. The extra review means the decision will come later than originally planned, so stay tuned!

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

Decision Delay for Franklin Solana ETF

The Securities and Exchange Commission extended the period to decide whether the Franklin Solana ETF can be listed on the Cboe BZX Exchange. The original 180-day deadline after publication (March 19, 2025) was September 15, 2025, and the SEC extended that deadline by 60 days to November 14, 2025. Investors who want to buy or trade the Franklin Solana ETF will need to wait until after November 14, 2025 for the SEC's decision.

Your PRIA Score

Score Hidden

Personalized for You

How does this regulation affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Key Dates

Published Date
Effective Date
9/15/2025
11/14/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
Source: View HTML
Back to Federal Register

Take It Personal

Get Your Personalized Policy View

Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.

Already have an account? Sign in