#MemecoinSentiment Here’s the current status for Solana ETFs as of mid‑July 2025:

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✅ Available U.S. Solana‑linked ETF Products

**REX‑Osprey Solana + Staking ETF (SSK):**

This product, listed on the Cboe BZX Exchange, is the first U.S. ETF investing directly in SOL and offering staking returns (around ~7% per year). It launched on July 2, 2025, and raised over $40 million in assets shortly thereafter .

**Volatility Shares Solana Futures ETFs (SOLZ & SOLT):**

SOLZ: A 1x Solana futures-backed ETF launched in March 2025. It currently has assets around $20–30 million .

SOLT: A leveraged 2x futures-based ETF, with YTD inflows near $69 million .

📝 Note: None of these are "spot" Solana ETFs holding actual SOL tokens directly, except SSK which includes real token exposure + staking.

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🔍 Spot Solana ETF Approval Outlook

As of July 2025, the SEC has not yet approved any spot Solana ETFs, but the regulatory environment is shifting rapidly .

Multiple major asset managers including VanEck, Grayscale, Fidelity, Bitwise, Franklin Templeton, CoinShares, 21Shares, and Canary Capital have submitted S‑1 filings for spot Solana ETFs .

The SEC has asked these issuers to amend and refilter their applications (e.g., updated S‑1s addressing staking protocols and redemption structure), with revised filings expected by end‑July. Reviews are underway with expedited timelines (e.g. comments in ~30 days) .

Approval probability has surged, with probability markets (like Polymarket) placing odds around 91–99.7% for a U.S. spot Solana ETF by the end of 2025 .

SEC guidance issued in early July proposes standardized listing formats, aiming to reduce approval turnaround from ~240 days to ~75 days for crypto ETFs. The REX‑Osprey