{ }
Leah Wald, CEO of Sol Strategies, expresses skepticism about the approval of spot Solana ETFs in the U.S. by 2025, citing regulatory challenges and the need for education on Solana's unique features. While Canada may lead in ETF innovation, major asset managers are pushing for U.S. approvals, with key deadlines approaching in January. Brazil has already approved its first Solana ETF, setting a precedent for other regions.
The U.S. crypto market is poised for expansion with new ETFs targeting assets like XRP, Solana, Litecoin, and HBAR expected in 2025, following the success of Bitcoin ETFs that have attracted over $35 billion in inflows. As institutions like VanEck and 21Shares submit applications, regulatory shifts may facilitate this growth, especially with potential changes in SEC leadership. Despite recent withdrawals from existing Bitcoin and Ether ETFs, the overall market sentiment remains optimistic, with Bitcoin's price showing a significant upward trend.
Solana's price surged over 10% to exceed $200 following a $55 million SOL transfer to Kraken, coinciding with increased speculation around a potential U.S. spot Solana ETF approval. Analysts suggest that such approval could push Solana's price toward $400, with major asset managers vying to launch the first ETF. Globally, Brazil's approval of its first Solana ETF has further fueled market optimism, contributing to Solana's growing appeal.
Solana's price surged to around $206.89, rebounding from a post-Christmas dip below $200, amid growing anticipation for a U.S. spot SOL exchange-traded fund (ETF). With an 85% chance of SEC approval for the ETF by 2025, analysts predict SOL could reach $400, driven by increasing interest from asset managers. However, the asset's legal status remains uncertain due to ongoing scrutiny by the SEC, which has previously classified SOL as a security.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.