According to Odaily, the probability of the U.S. SEC approving a spot Solana ETF application by July 31, 2025, has risen to 71% on Polymarket. Analysts attribute this increase to the upcoming inauguration of President-elect Trump and the nomination of Paul Atkins as SEC Chairman, which are seen as factors enhancing the chances of SOL ETF approval. Additionally, Trump has initiated the formation of a cryptocurrency committee, appointing Bo Hines as Executive Director and former PayPal executive David Sacks as the 'Crypto Czar.'
Recently, Nate Geraci, President of The ETF Store, revealed that VolatilityShares has submitted an application to U.S. regulators to launch a leveraged ETF based on Solana futures. Bloomberg's senior ETF analyst Eric Balchunas commented on the X platform that the approval of this Solana futures ETF could potentially facilitate the listing of a spot Solana ETF.
