According to Odaily Planet Daily, Polymarket predicts that the probability of the US SEC approving the spot Solana ETF application before July 31, 2025 has risen to 71%.
Analysts pointed out that President-elect Trump is about to take office and Paul Atkins has been nominated as SEC Chairman, which increases the possibility of SOL ETF approval. Trump also formed a cryptocurrency committee, appointed Bo Hines as executive director, and former PayPal executive David Sacks as "crypto czar."
Nate Geraci, president of The ETF Store, revealed that VolatilityShares has applied to launch a leveraged ETF based on Solana futures. Eric Balchunas, senior ETF analyst at Bloomberg, said that if the Solana futures ETF is approved, it may promote the listing of the spot Solana ETF.