# 2025-15729: 21Shares Solana ETF Hits SEC Speed Bump—Decision Delayed

2025-15729, Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To List and Trade Shares of 21Shares Core Solana ETF Under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares, is a Federal Register notice from Securities and Exchange Commission published 2025-08-19, effective 2025-10-16 (as of 2026-06-08).

- Canonical: https://policyrisk.com/federal-register/2025-15729
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-15729
- Title: Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To List and Trade Shares of 21Shares Core Solana ETF Under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 90 FR 40402
- Published: 2025-08-19
- Effective: 2025-10-16
- Comments close: not stated
- Significant: no
- Touches household money: no
- Regulation identifier numbers: none
- Last updated: 2026-06-08

## In one line

21Shares Solana ETF Hits SEC Speed Bump—Decision Delayed

## Summary

The SEC is taking more time to decide if the Cboe BZX Exchange can list and trade shares of the 21Shares Core Solana ETF, a new commodity-based fund tied to Solana. This affects investors interested in trading this ETF and could impact when it becomes available to buy or sell. The decision delay means more review before any money changes hands or trades start.

## Effects PRIA read

- SEC delays Solana ETF listing decision: cost, low. The SEC extended its decision deadline on whether the Cboe BZX Exchange can list the 21Shares Core Solana ETF by 60 days, moving the deadline from August 17, 2025 to October 16, 2025. If you plan to buy or sell this ETF, the extension means you may need to wait until the SEC issues its order while…

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## Sources
- [2025-15729 on federalregister.gov](https://www.federalregister.gov/documents/2025/08/19/2025-15729/self-regulatory-organizations-cboe-bzx-exchange-inc-notice-of-designation-of-a-longer-period-for)
- [2025-15729 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-08-19/pdf/2025-15729.pdf)

## Related
- [Previous: 2025-15728, Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation o…](https://policyrisk.com/federal-register/2025-15728)
- [Next: 2025-15730, Self-Regulatory Organizations; Cboe BYX Exchange, Inc.; Notice of Filing and Im…](https://policyrisk.com/federal-register/2025-15730)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2025-15729 (as of 2026-06-08).