The approval of a Solana (SOL) exchange-traded fund (ETF) is expected by the end of 2025 at the latest, according to Nate Geraci, president of The ETF Store. Geraci suggested that the United States Securities and Exchange Commission (SEC) may already be in discussions with the ETF issuer, signaling progress toward a potential launch.
Industry leaders remain optimistic about the prospects of a Solana ETF, with Alexander Blume, CEO of Two Prime Digital Assets, noting that leading firms like Bitwise have already submitted applications. Blume highlighted that the success of spot Bitcoin and Ethereum ETFs, coupled with a more favorable regulatory climate, sets the stage for Solana to follow suit.
"Regulatory clarity and institutional interest in digital assets have significantly advanced, making the launch of a Solana ETF a matter of when, not if," Blume added.
The anticipation surrounding a Solana ETF aligns with a broader trend of expanding cryptocurrency investment vehicles, which have fueled record inflows into digital asset markets in recent months.
As the crypto space continues to mature, the potential approval of a Solana ETF represents another step toward integrating blockchain technology into mainstream finance.