The probability that the SEC will approve a spot Solana ETF application by July 31, 2025 has risen to 71% on Polymarket.
Yesterday, Nate Geraci, president of The ETF Store, disclosed that VolatilityShares has submitted an application to US regulators to launch a leveraged ETF based on Solana futures. In response, Bloomberg senior ETF analyst Eric Balchunas wrote on the X platform that if the Solana futures ETF is approved, it will promote the launch of the spot Solana ETF.
Polymarket forecasts that the probability of spot Solana ETF being approved by July 31 next year will rebound to 71%.
2024-12-29 00:20:55
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