According to @rovercrc, the SEC has delayed Bitwise’s spot Solana (SOL) ETF application, confirming that no approval or listing will occur at this stage and that the review period is extended. Source: @rovercrc. For traders, this removes an immediate ETF-driven catalyst for SOL and keeps exposure limited to existing spot and derivatives markets until a subsequent SEC decision is published. Sources: @rovercrc; SEC Exchange Act Section 19(b)(2). Under Section 19(b)(2), the Commission may extend deliberations for up to 240 days from the proposal’s publication before issuing an approval or disapproval, so the next actionable update will arrive via a new SEC notice. Source: SEC Exchange Act Section 19(b)(2).