# 2025-15733: SEC Takes Extra Time on Bitwise Solana ETF Approval

2025-15733, 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 Bitwise 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/2025-15733
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-15733
- 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 Bitwise Solana ETF Under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 90 FR 40447
- 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

SEC Takes Extra Time on Bitwise Solana ETF Approval

## Summary

The SEC is taking more time to decide if the Bitwise Solana ETF can be listed and traded on the Cboe BZX Exchange. This affects investors interested in this new crypto-based fund and means the final decision is delayed, so no trading starts just yet. The extra review ensures everything’s safe and sound before money changes hands.

## Effects PRIA read

- Decision Delay for Bitwise Solana ETF: cost, low. The SEC extended the deadline to decide on listing the Bitwise Solana ETF by 60 days, moving the decision date from August 17, 2025 to October 16, 2025. That means trading in the new crypto-based fund cannot begin until the Commission approves the listing or disapproves it after the new date.

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- [2026-12163](https://policyrisk.com/federal-register/2026-12163): The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS, 2026-06-17

## Sources
- [2025-15733 on federalregister.gov](https://www.federalregister.gov/documents/2025/08/19/2025-15733/self-regulatory-organizations-cboe-bzx-exchange-inc-notice-of-designation-of-a-longer-period-for)
- [2025-15733 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-08-19/pdf/2025-15733.pdf)

## Related
- [Previous: 2025-15732, Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing of Ame…](https://policyrisk.com/federal-register/2025-15732)
- [Next: 2025-15734, Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Amendment N…](https://policyrisk.com/federal-register/2025-15734)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2025-15733 (as of 2026-06-08).