Bets have been placed on the launch of Solana ETF on Polymarket

The chances that the U.S. Securities and Exchange Commission (SEC) will approve the application for the launch of a spot exchange-traded fund (ETF) on Solana on the Polymarket platform by July 31, 2025, have increased to 76%.

Nate Geraci, president of The ETF Store, reported that the company VolatilityShares has submitted an application to U.S. regulators for the launch of a credit ETF backed by Solana futures. In response, Eric Balchunas, senior ETF analyst at Bloomberg, posted on social media platform X that the approval and launch of such an ETF could facilitate the listing of a spot ETF on Solana.