Solana ETF Approval Delayed: Crypto Market Reacts
Update: 2025-10-11
Description
Solana ETF Hopes Derailed! A U.S. government shutdown has thrown the SEC's decision on eagerly awaited Solana ETFs from Fidelity, Franklin Templeton, and Invesco into chaos, leaving investors in limbo. While a new rule change promises faster approvals post-shutdown, the delay sent crypto prices tumbling, with Solana down almost eight percent. Will the SEC greenlight Solana, XRP, Dogecoin, and Cardano ETFs when the government reopens, or is this just the beginning of a longer wait?
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