Solana ETF Watch: Optimism Builds Amid SEC Review

The crypto world holds its breath for the SEC to make a ruling on spot Solana ETFs, with a deadline of October 2025. Players such as Grayscale and VanEck have already submitted their applications, and these have buoyed market sentiment. Polymarket assigns an 84% chance of approval in 2025, and Bloomberg forecasters put an estimate of 70% at the present regulatory regime.

Recent news, including the listing of Solana futures ETFs and the SEC approval of Grayscale's revised filing, are viewed positively. Franklin Templeton's filing is also used to emphasize increasing institutional interest in Solana. Subject to regulatory approval, a Solana spot ETF can bring huge institutional money into the market, driving market liquidity and stability, and JPMorgan has estimated $3 billion to $6 billion of first-year flows.

Even as hopes are high, troubles and doubts await, with some experts predicting approval to be postponed until 2026 based on current regulatory and legal issues. The world of cryptocurrency waits with bated breath, monitoring SEC behavior and market trends for additional clues on the future of the proposed Solana ETFs.