Polymarket has predicted that the likelihood of the U.S. SEC approving the spot Solana ETF application before July 31, 2025, has risen to 71%.
Analysts point out that the incoming president Trump is about to take office, and Paul Atkins has been nominated as SEC chair, which further increases the likelihood of SOL ETF approval. Trump has also begun assembling 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, disclosed that VolatilityShares has submitted an application to U.S. regulators to launch a leveraged ETF based on Solana futures. In response, Bloomberg senior ETF analyst Eric Balchunas stated on the X platform that if the Solana futures ETF is approved, it could drive the listing of a spot Solana ETF.

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