🚨💥🌟 Polymarket Bets On Solana ETF Approval After VanEck’s VSOL DTCC Listing
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VanEck’s proposed Solana ETF, VSOL, has now been listed with the DTCC, a clear sign of regulatory progress. Over on Polymarket, traders are putting the odds of a 2025 approval at 91%, with the SEC’s recent engagement fueling optimism.
🌟 Quick Take:
The SEC's interest in spot Solana ETFs, as well as its greenlight for Solana futures on the CME, points to SOL potentially becoming the third crypto to gain full ETF status in the US. While there’s no official trading date for VSOL just yet, landing on the DTCC’s list is a major step. This could open the door to staking-enabled products or multi-asset crypto bundles if it goes through.
The move might also drive a Solana price surge, although that's not guaranteed. Notably, the price of ETH dropped on ETF approval, and SOL is trading at $148.72 as of this writing, down nearly 3% in the last 24 hours.