The post 99% Approval Odds? How Close Are We to Spot Solana ETF Launch in US? appeared on BitcoinEthereumNews.com.

The race to bring a spot Solana ETF to the U.S. market is on full fire, and the investors are watching the SEC’s every step closely. With multiple applications under review and the launch of the staking-enabled SOL ETF in the market, the approval odds for potential spot launch have surged 99% on betting platforms. Now, as the SEC acknowledges the Invesco Galaxy filing, how close are we to the actual launch? Let’s discuss. Spot Solana ETF Approval Odds Stand at 99% Polymarket and other similar sites clearly showcase investors betting on the high approval odds of the Spot Solana ETF in 2025. The 99% breakthrough for this anticipation came after the launch of the REX-Osprey Solana + Staking (SSK) exchange-traded fund, which went live earlier in July.  CoinGape experts reported that the SSK ETF went live on July 2 and gained more than $20 million in trading volume on the first day alone. As a result, investors’ prediction for the proper spot one’s launch skyrocketed, hitting 99% plus. Source: Polymarket, Spot Solana ETF Approval Odds Notably, the odds have been persistent ever since then, and investors show high anticipation of the SOL ETF launch this year. Besides, the high Ethereum ETF inflows and the digital asset’s performance these days are increasing the demand for approval. SEC Acknowledges Invesco Galaxy Spot Solana ETF, Approval Next? Adding to the list of spot Solana ETF filings, Invesco and Galaxy Digital also jointly filed for one in June 2025. After nearly two months, the SEC has finally acknowledged the filing, which means that the review process for this will begin now, and the SEC will make a decision soon. Interestingly, ETF experts like James Seyffart, Eric Balchunas, and others have presented a potential approval of these SOL ETFs as early as October 2025.…

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Filed under: News - @ August 14, 2025 9:28 pm