The Chicago Board Options Exchange (CBOE) has filed applications to list VanEck and 21Shares' proposed Solana ETFs, with a final decision expected around mid-March 2025. These ETFs, the first tied to Solana, are likened to previously approved Bitcoin and Ether ETFs. The SEC now has 240 days to approve or deny the applications. The political climate, particularly the outcome of the November presidential election, could influence the decision. If approved, Solana's price could potentially increase nine-fold, similar to Bitcoin's historical surge following ETF approval. This move reflects growing investor interest in Solana, one of the most actively traded cryptocurrencies after Bitcoin and Ether.