Solana ETFs could debut in the US market by the end of 2025

The possibility of Solana spot ETFs coming to the US market is gaining traction. This week, Cboe BZX filed four applications for Solana spot ETFs, with proposals from VanEck, 21Shares, Bitwise Asset Management, and Canary Capital.

According to James Seyffart, an ETF analyst at Bloomberg Intelligence, the deadline for SEC approval would be early August 2025, if the applications are granted.

Favorable regulatory winds

The change of administration in the US, with the election of Donald Trump and a more pro-crypto Congress, has renewed optimism in the industry. In addition, the recent resignation of Gary Gensler as SEC chairman, effective in January 2025, reinforces expectations of more favorable regulation.

“Solana ETFs are highly likely to be approved before the end of next year,” said Nate Geraci, President of ETF Store. This optimism is also shared by Alexander Blume, CEO of Two Prime Digital Assets, who highlighted that the success of Bitcoin and Ethereum spot ETFs, coupled with a friendlier regulatory environment, paves the way for a Solana ETF.

Boost for the crypto industry

Increased institutional access : ETFs allow institutional and retail investors to access digital assets through traditional and regulated financial channels. According to Blume, this unlocks “new pools of capital,” amplifying the impact of momentum and speculation.

Impact on the crypto market : Bitcoin spot ETFs have recorded more than $30 billion in cumulative net flows since their launch in January, highlighting the growing interest in this type of product.

Solana at historic highs

The price of SOL, the native token of the Solana blockchain, broke its previous record of $259.96 set in 2021 and is currently trading around $258, up 46% in the past month and 350% in the past year.

A milestone for Solana and the crypto industry

Solana’s spot ETF launch would mark a key moment for its ecosystem and the crypto sector at large. According to FalconX’s Austin Reid, this opening will not only introduce funds based on individual assets, but will also allow the development of actively managed products and basket ETFs, unlocking new sources of institutional liquidity.

Conclusion

With a more favorable regulatory environment and growing institutional adoption, Solana ETFs could debut in the US market before the end of 2025. This milestone would not only strengthen Solana’s position in the industry but also represent a significant step forward for the crypto ecosystem as a whole.