SOL-ETF on the horizon: 82% probability in 2025! 🚀
🔥 The Polymarket platform estimates that in 2025, the probability of approval for a Solana (SOL) based ETF is 82%. This is higher than in 2024 and indicates that the sentiment among crypto investors is becoming increasingly positive! 😎
Why is that?
It turns out it's due to upcoming changes in the SEC (that's an organization in the USA that decides what can be launched on exchanges and what cannot). Currently, its head is stepping down, and his place will be taken by Paul Atkins — a guy who is really for crypto! 💪
Analysts believe that the new boss will be more favorable to digital assets. This could speed up the launch of various cool projects, including a spot ETF for Solana. Additionally, at the end of 2024, Volatility Shares has already submitted applications for several ETFs based on Solana futures (which, by the way, do not exist yet 🙃).
Eric Balchunas from Bloomberg even wrote:
"If such applications are coming in, then Solana futures are just a matter of time. And from there, it's just a step away to a spot ETF!"
📌But I want to warn you right away: if some think that there will be explosive growth after the ETF, they are deeply mistaken 🙃
