Key Takeaways
- SEC extends assessment of Bitwise and 21Shares Solana ETF filings to October 16, 2025.
- SOL pulled again from close to $210 to $190 after US inflation knowledge rattled threat property.
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The US Securities and Trade Fee has prolonged its assessment interval for 2 proposed Solana ETFs from Bitwise and 21Shares, setting a brand new deadline of October 16, 2025, for a choice.
Each proposals search to checklist and commerce shares on the Cboe BZX Trade underneath its Commodity-Primarily based Belief Shares rule.
The delay comes as Solana’s value hovers round $190 after retreating from practically $210 earlier within the week. Previously 24 hours, $70 million in SOL liquidations had been recorded, in line with Coinglass knowledge.
The pullback adopted hotter-than-expected US inflation knowledge that despatched threat property decrease. The July Producer Value Index rose 0.9% versus expectations for 0.2%, with the annual determine climbing to three.3% towards forecasts for two.5%.
Solana was final buying and selling at $189 at press time, in line with CoinGecko knowledge.
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