Polymarket predicts that the probability of the US SEC approving the spot Solana ETF application before July 31, 2025 has risen to 71%.
Analysis points out that President-elect Trump is about to take office, and then Paul Atkins is nominated as SEC Chairman, which further promotes the possibility of SOL ETF approval. Trump also began to form a cryptocurrency committee, appointing Bo Hines as executive director and former PayPal executive David Sacks as "crypto czar".
Yesterday, The ETF Store President Nate Geraci disclosed that VolatilityShares has submitted an application to US regulators to launch a leveraged ETF based on Solana futures. In response, Bloomberg Senior ETF Analyst Eric Balchunas wrote on the X platform that if the Solana futures ETF is approved for launch, it may promote the listing of the spot Solana ETF.