- SEC review of Solana ETF applications continues with major asset managers involved.
- Grayscale, 21Shares, and VanEck among key players.
- Expected inflows could reach $3-6 billion upon approval.
The Solana ETF is gaining momentum for potential U.S. approval in 2025, with multiple major applications under review as of April 30, highlighting growing interest in digital assets.
Market Interest and Applications
Potential Solana ETF approval could lead to substantial inflows, enhancing market dynamics. With increased trading volumes, the outlook appears promising. Analysts note this as a clear indicator of the views on Solana’s prospects.
“2025 would be the year of crypto ETFs,” predicts Nate Geraci, “with Solana expected to secure approval.”
Approval of Solana ETFs might generate significant financial impacts, drawing comparisons with Bitcoin and Ethereum ETF successes. Bloomberg Intelligence forecasts positive market shifts, estimating up to $6 billion inflows.
The SEC’s classification decision on Solana will be crucial. Approval by October for Grayscale’s application remains pivotal, following precedents set by Bitcoin and Ethereum. Futures ETFs tied to Solana have already secured recognition.
Some analysts suggest 2025 could see Solana ETF approval, while others believe regulatory challenges could delay this until 2026. Regulatory classification remains a key hurdle, influencing prospective timelines and compliance strategies.
