Solana ETF approved by July 2025? High odds of Polymarket

The chances of the US Securities and Exchange Commission accepting Solana’s ETF are increasing.

According to Polymarket, the odds of approval for the SOL ETF have risen to 71%, compared to this week’s low of 58% and 50% last month.

This growing possibility has fueled the upcoming presidency and subsequent candidacy of President-elect Donald Trump Paul Atkins as Chairman of the Securities and Exchange Commission. Trump has also begun assembling his own cryptocurrency council by label Bo Haynes CEO and David Sachs, former CEO of PayPal, as “Crypto tsar“.

Solana spot (Sol) The ETF’s approval will come months after the SEC rejected applications from firms such as 21Shares, Canary Capital, and Van Eck.

The agency, under the leadership of Gary Gensler, alleged that Solana was an unregistered surety.

Therefore, the increasing odds of SOL ETF approval are signs that investors expect Atkins to be different from Gary Gensler and Jay Clayton.

Meanwhile, VolatilityShares has applied for futures-based Solana ETFs, which will give users 1x, 2x and -1x currency exposure. According to Eric Balchunas, senior analyst at Bloomberg ETFs, this application is wild given the lack of Solana futures.

VolatilityShares offers several leveraged ETFs, with the 2x Bitcoin ETF being the largest with over $3.2 billion in assets. It is 2x Ethereum (Ethereum) The ETF has attracted over $830 million in assets under management.

Solana has become a very popular cryptocurrency and blockchain project. Its token has a market capitalization of over $90 billion, making it the sixth largest cryptocurrency.

Solana has also become the second largest chain in the blockchain industry with over $8.25 billion In the assets. Its DEX protocols, such as Raydium and Orca, lead in terms of volume. They dealt with it 636 billion dollars Cumulatively, $18.9 billion in the past seven days.

Therefore, there are increasing possibilities for Solana ETFs to attract investor capital as many of them start embracing Ethereum ETFs.

Data by SoSoValue It shows that ETFs have attracted more than $2.68 billion in inflows.