#SOLETFsOnTheHorizon In recent months, Solana (SOL) has seen increasing interest from asset managers looking to launch exchange-traded funds (ETFs) based on Solana. Firms such as VanEck, 21Shares, and Bitwise have filed applications with the U.S. Securities and Exchange Commission (SEC) for approval of Solana ETFs. If approved, these funds will be listed on the Chicago Board of Trade (CBOE).

Additionally, 3iQ, a leading Canadian investment management firm, announced that it has filed a prospectus with the Ontario Securities Commission to launch the first Solana exchange-traded product (ETP) in North America.

These developments come at a time when Solana is experiencing significant growth in activity, with daily trading volumes on its network surpassing those of Ethereum on some occasions, driven by growing interest in meme coins built on Solana.

As this momentum continues, some experts expect Solana ETFs to be approved by the end of 2025, which could attract more institutional investors to the Solana ecosystem.

For more information, you can watch this video discussing the possibility of launching a Solana ETF: