Solana ETF approval expectations soar, cryptocurrency policy ushers in a new dawn

After the approval of Bitcoin and Ethereum ETFs, Polymarket investors predict that the probability of Solana spot ETF being approved by the U.S. Securities and Exchange Commission (SEC) in 2025 has soared to 84%, a surge from 45% in just 48 hours! Although the specific time is still unclear, the crypto community is full of expectations.

Five giants compete together, and the approval of Solana ETF is full of suspense

Five asset management giants such as Grayscale and VanEck have already submitted Solana ETF applications to the SEC, waiting for good news. However, the legality review of SOL has not yet been settled, which has become an uncertain factor on the road to approval. It was previously reported that two applicants may be rejected, but the arrival of the new leadership has brought a turnaround in the situation.

SEC changes its leadership, and cryptocurrency policy welcomes a new breeze

The SEC is about to usher in a new head-Paul Atkins, a former cryptocurrency-supporting commissioner, to replace Gary Gensler. This change has made the cryptocurrency circle excited, indicating that a more open cryptocurrency policy may be coming. Analysts predict that altcoin ETFs will spring up in 2025, and the approval of Solana ETF is just around the corner.

【Future Outlook】

With the change of SEC leadership and proposed reforms, the spring of the cryptocurrency market seems to have quietly arrived. From the approval boom of Solana ETF to the preparations for more altcoin ETFs, the confidence of cryptocurrency investors is gradually recovering.