News

Solana Summer Loading? ETF Approval Odds by July 31 Surge to 60%

Solana ETF approval odds hit 60% as major firms file with SEC. The momentum is fueling investor excitement and potential SOL price rally.
Published by
Solana Summer Loading? ETF Approval Odds by July 31 Surge to 60%

Highlights

  • Solana ETF approval odds surge to 60% ahead of July deadline.
  • Major firms like CoinShares and Bitwise aggressively push for SEC approval.
  • Institutional interest fuels momentum as Polymarket odds spike and filings increase.

The crypto world is buzzing with excitement over the possibility of a Solana ETF being approved by July 31, 2025. According to Polymarket, the chance of this happening has jumped to 60%, a remarkable 20% increase in just one week. This surge reflects growing confidence among investors as the deadline approaches.

Advertisement

Analysts Foresee SEC Green Light

The recent rise in optimism follows new developments in the Solana ETF space. CoinShares, a well-known asset manager, has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) to launch a Solana ETF.

This move makes CoinShares the eighth firm to join this ETF race, joining others like Bitwise and Canary Capital. These companies recently amended their S-1 filings with the SEC, adding staking options to their proposals. The flurry of activity suggests the industry is pushing hard for approval.

Adding to the excitement, Bloomberg analysts James Seyffart and Eric Balchunas have shared their predictions. They believe the SEC might greenlight these Solana ETFs as early as next month. This timeline aligns with the SEC’s recent requests for issuers to update their filings.

The analysts also noted that the Commission may act quickly to counter moves by firms like Rex-Osprey, which are exploring legal workarounds to launch similar products first.

Advertisement

Institutional Momentum Builds as Solana ETF Bets Heat Up

The idea of a Solana ETF is gaining traction because it would allow institutional investors to gain exposure to SOL, the cryptocurrency powering the Solana blockchain. Other big names, like Fidelity and Franklin Templeton, have also filed or amended their S-1s, showing strong interest.

Even Invesco might soon join as the ninth contender with its ‘Invesco Galaxy Solana ETF’ registration in Delaware. If approved, it could make investing in Solana easier and more accessible.

The Polymarket chart, showing the probability rising from 50% to 70% recently, highlights how fast opinions are shifting. The recent rise in ETF odds could also impact SOL price in the coming weeks.

Source: Polymarket

Historically, ETF-related news has triggered strong rallies across crypto assets. Traders often position ahead of official announcements, betting on regulators taking a more open stance.

Advertisement
Share
Paul

Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others. He holds a degree in Geophysics from OAU, Nigeria. When he's not writing, he loves watching soccer and reading educative journals. He can be reached via paul@coingape.com

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • News

$7B Virtu Financial Holds $63M XRP as Whales Accelerate Daily Sell-Off

Virtu Financial, a $7 billion Wall Street firm, has revealed $63 million in XRP holdings.…

November 1, 2025
  • News

Breaking: Coinbase Nears $2B Deal to Buy Stablecoin Platform BVNK

Coinbase is reportedly closing in on a $2 billion acquisition of stablecoin infrastructure startup BVNK.…

November 1, 2025
  • News

Coinbase CLO Fires Back at Senator Murphy Over ‘Corruption Factory’ Claim

Coinbase’s Chief Legal Officer, Paul Grewal, has publicly criticized U.S. Senator Chris Murphy. The lawmaker…

November 1, 2025
  • News

Crypto Prices Rise: Why Are BTC, ETH, LTC, XRP, SHIB, and ADA Up Today?

Major crypto prices saw solid gains after a week of downturns. Bitcoin, Ethereum, Litecoin, XRP,…

November 1, 2025
  • News

Michael Saylor’s Strategy Eyes S&P 500 Spot Amid Bitcoin-Backed Credit Products Launch

Michael Saylor’s Strategy is setting its sights on the S&P 500 as it pushes forward…

October 31, 2025
  • News

Bitcoin White Paper Turns 17 Today as Satoshi’s $120B Fortune Climbs $2.8 Billion

Seventeen years ago today, Satoshi Nakamoto emailed a nine-page document that changed the world. It…

October 31, 2025