🚨 SEC may approve Solana ETF as early as July — the market is ready — Cryptopolitan
🧬 The U.S. Securities and Exchange Commission (SEC) has expedited the review process for applications to launch spot ETFs on Solana.
📊 According to sources, approval is possible within 3–5 weeks. The regulator has requested updates on S-1 forms — this is a potential signal of the final stage.
Applications have been submitted by Grayscale, VanEck, 21Shares, Bitwise, Franklin Templeton, and Canary Capital.
⚡️ The SEC is interested in whether staking will be included — and, according to industry information, is ready to approve it.
📈 Bloomberg estimates the chances of approving the Solana ETF in 2025 at 90% — the same level as Litecoin.
Solana already has a futures ETF — this simplifies the path to launching a spot one.
✔️ After Bitcoin and Ethereum, Solana is becoming the next star of the institutional cycle.
If the decision comes in July — this will be a trigger for restarting demand for SOL.
Especially if the ETF turns out to have returns from staking — then it will be a matter of competition with ETH at a new level.
The institutional altseason is not a hypothesis — it is a matter of formalization.