The post Solana Price Prediction As Spot SOL Crypto ETFs Now Set To Launch In July appeared on BitcoinEthereumNews.com.

The U.S. Securities and Exchange Commission has requested spot Solana ETF applicants to submit updated S-1 filings, a key regulatory milestone signalling imminent approval, likely in early July itself.   Bloomberg ETF analysts Eric Balchunas and James Seyffart have also said that an Altcoin ETF Summer is on the cards, with Solana leading the way. As per their latest Bloomberg Terminal post, they are giving spot Solana ETFs 90% approval odds.  The analysts reveal that the SEC could be quick to approve staking ETF filings, which includes Rex Osprey’s Sol + Staking ETF (SSK).  The SEC’s green light would confirm the highly bullish Solana price predictions given by prominent analysts.  Moreover, Solana meme coins like Fartcoin, Dogwifhat and SPX6900 have emerged as excellent beta bets on SOL and are among the top-performing crypto assets over the past several weeks.  A soaring Solana ecosystem is also highly bullish for new meme coin launches like Solaxy (SOLX), which is going live next week and is being viewed by many as the next 10x crypto.  Solana Price Prediction – Just How Bullish Is The Spot ETF Approval? There is a considerable possibility that investors are underestimating the bullish impact of spot Solana ETFs, likely due to the underwhelming inflows of spot Ethereum ETFs.  However, they aren’t realizing that Ethereum ETFs were launched in the early stages of the crypto bull cycle, when the Bitcoin Dominance (BTC.D) was still climbing. The Ethereum ETF inflows are already picking up pace. BlackRock’s ETHA has recorded over $570 million in inflows over the past 11 days and hasn’t seen an outflow since May 7th. ETHA now has an asset under management of over $5.13 billion, data from Farside Investors reveals.  This is when the highly anticipated “altseason” hasn’t even started.  A recent JPMorgan report revealed that spot Solana…

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Filed under: News - @ June 12, 2025 2:21 pm