Solana ETF Approval Odds Raised to 90% by Bloomberg Intelligence
Bloomberg Intelligence has raised the probability of U.S. SEC approval for a Solana (SOL) ETF to 90% by 2025, according to analyst Eric Balchunas. This reflects growing institutional confidence in altcoin-based ETFs following Bitcoin’s regulatory breakthrough.
The approval odds for XRP and DOGE ETFs were also increased—from 65% to 75%. Six ETF issuers, including Grayscale, VanEck, and 21Shares, have filed Solana and XRP ETF applications, while three DOGE ETFs are currently pending.
More than 70 crypto ETFs are now awaiting SEC review. Analysts note that CME’s listing of Solana futures in March may signal regulatory readiness for $SOL ETFs. Nasdaq also filed to list a DOGE-based ETF via 21Shares.
This surge in altcoin ETF filings follows the pro-crypto policy shift under the Trump administration, potentially accelerating broader market adoption.
