Overview

• On September 29 the SEC withdrew delay notices and instructed issuers of proposed ETFs for XRP, Solana, Cardano, Dogecoin and Litecoin to withdraw their 19b-4 filings.
• Nasdaq, Cboe BZX and NYSE Arca can now list qualifying crypto commodity trusts under standardized rules once issuers’ S-1 registrations are declared effective.
• Solana sponsors submitted a fourth S-1 amendment, and seven managers including Franklin Templeton, Fidelity, CoinShares, Bitwise, Grayscale, VanEck and Canary Capital filed updated Solana S-1s on September 27.
• Bloomberg’s Eric Balchunas says approval odds for Solana and other leading altcoin ETFs are now 100%, though he notes launch timing depends on Corporation Finance sign-off.
• Roughly 92 crypto ETF applications remain in the pipeline, with observers expecting shorter timelines often estimated near 60–75 days under the new framework and cautioning about pre-launch speculation and possible “sell the news” moves.