Odaily Planet Daily News: Polymarket predicts that the likelihood of the U.S. SEC approving the spot Solana ETF application has risen to 71% before July 31, 2025. Analysis indicates that with the imminent inauguration of President Trump, followed by the nomination of Paul Atkins as SEC Chairman, the chances of SOL ETF approval have further increased. Trump has also begun forming a cryptocurrency committee, appointing Bo Hines as executive director and former PayPal executive David Sacks as the 'Crypto Czar'. According to yesterday's news, Nate Geraci, president of The ETF Store, revealed that VolatilityShares has submitted an application to U.S. regulators for a leveraged ETF based on Solana futures. Bloomberg senior ETF analyst Eric Balchunas stated on platform X that if this Solana futures ETF is approved, it could drive the listing of the spot Solana ETF.