#ETFWatch

As of March 22, 2025, there are currently no approved exchange-traded funds (ETFs) for Solana (SOL). However, there are ongoing developments in this area. According to Gate.io, major financial institutions have applied for ETFs for Solana, and Grayscale's Solana ETF application has been accepted by the U.S. Securities and Exchange Commission (SEC), and it is now under review.

The ETF approval process includes a 21-day public comment period after the application is accepted, followed by a review period that can extend up to 240 days. If all regulatory requirements are met, these funds may be approved, providing investors with a new way to invest in Solana through traditional markets.

Please note that this information is based on available sources as of today, and it may change as events unfold.