# 2025-09258: Fidelity Solana Fund Review Extended: SEC Takes Its Sweet Time

2025-09258, Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change, as Modified by Amendment No. 1, To List and Trade Shares of the Fidelity Solana Fund, Under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares, is a Federal Register notice from Securities and Exchange Commission published 2025-05-23, effective 2025-05-19 (as of 2026-06-08).

- Canonical: https://policyrisk.com/federal-register/2025-09258
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-09258
- Title: Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change, as Modified by Amendment No. 1, To List and Trade Shares of the Fidelity Solana Fund, Under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 90 FR 22127
- Published: 2025-05-23
- Effective: 2025-05-19
- Comments close: not stated
- Significant: no
- Touches household money: no
- Regulation identifier numbers: none
- Last updated: 2026-06-08

## In one line

Fidelity Solana Fund Review Extended: SEC Takes Its Sweet Time

## Summary

The SEC is taking extra time to review Cboe BZX Exchange’s plan to list and trade shares of the new Fidelity Solana Fund, a commodity-based trust. This means investors and traders interested in this fund will have to wait a bit longer before it hits the market. The decision deadline has been extended past May 24, 2025, to ensure a thorough review.

## Effects PRIA read

- Listing Delayed for Fidelity Solana Fund: cost, low. The SEC extended its 45-day review period for Cboe BZX’s proposal to list and trade shares of the Fidelity Solana Fund. The original 45-day review that would have ended on May 24, 2025 has been extended so the Commission will act by July 8, 2025, meaning investors and traders must wait longer befor…

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## Sources
- [2025-09258 on federalregister.gov](https://www.federalregister.gov/documents/2025/05/23/2025-09258/self-regulatory-organizations-cboe-bzx-exchange-inc-notice-of-designation-of-a-longer-period-for)
- [2025-09258 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-05-23/pdf/2025-09258.pdf)

## Related
- [Previous: 2025-09257, Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Amendment N…](https://policyrisk.com/federal-register/2025-09257)
- [Next: 2025-09259, Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Amendment N…](https://policyrisk.com/federal-register/2025-09259)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2025-09258 (as of 2026-06-08).