The U.S. Securities and Exchange Commission (SEC) has once more postponed deciding on Franklin Templeton’s proposed spot Solana ETF, extending the review period by another 60 days.

The new deadline is set for November 14, 2025. The move underscores both the growing interest in Solana-based investment products and the scrutiny regulators are applying to them; the slowly-forming crypto regulatory framework in the US won’t be an entirely easy pass. And against that background, Solana itself continues to gain steam; $SOL is up nearly 8% in the past week.

Franklin Templeton’s ETF Proposal

Franklin Templeton’s proposal centers on a spot Solana ETF, intended to allow investors direct exposure to SOL through a regulated fund. The listing would be under the CBOE BZX Exchange’s commodity-bas

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