By Key Points
- SEC may approve Solana ETF within weeks
- SOL price jumps 4.5% amid growing optimism
- Polymarket odds for July ETF approval up 45%
- Altcoin ETF momentum remains mixed for others
Solana ETF Approval rumors are driving new excitement across the crypto world. The U.S. SEC has reportedly asked issuers to update their S-1 forms within 30 days, a signal that official approval for a Solana ETF could be close.
In response, Solana’s price rallied over 4.5%, showing how hungry the market is for any sign of progress. Meanwhile, bets on Polymarket indicate growing confidence that a Solana ETF could arrive as early as July 2025.
Other altcoins didn’t share the same momentum, highlighting how Solana is capturing most of the current ETF buzz.
Blockworks reporting SEC has asked prospective spot sol ETF issuers to submit amended S-1s w/in next week…
One source estimated these updates could put sol ETFs on track for approval w/in 3-5 weeks.
Said SEC also appears open to incl staking.
via @whosknave & @byKatherineRoss pic.twitter.com/mDQzHDGNtr
— Nate Geraci (@NateGeraci) June 10, 2025
SEC Actions Signal Possible Green Light for Solana ETF Approval
The crypto community has long been waiting for Solana ETF Approval, as demand for a spot ETF tracking SOL has surged this year. The SEC has been slow to approve any altcoin ETF, but this week brought fresh hope.
Sources now say that the SEC asked potential Solana ETF issuers to update and resubmit their S-1 forms soon. According to ETF expert Nate Geraci, this move could put the Solana ETF on track for approval within 3-5 weeks.
Solana Price Performance. Source: CoinGecko – Techtoken
He also noted that the SEC appears open to including staking, which would make the ETF even more attractive to investors.
Geraci’s colleague, Bloomberg’s Eric Balchunas, added that Solana’s approval could “trigger an altcoin ETF summer,” opening the door for more crypto ETFs to follow.
🚨BREAKING: Bloomberg reports the SEC could act early on spot @Solana ETF filings, with approval potentially coming within a month, as Rex Shares and Osprey attempt regulatory workarounds to launch Solana products. pic.twitter.com/I3WMHgdT3P
— SolanaFloor (@SolanaFloor) June 10, 2025
Even though the SEC has delayed other altcoin ETFs recently, this new push for Solana shows clear forward momentum.
Meanwhile, in related regulatory shifts, reports about Trump replacing Powell as Fed Chair are also impacting market sentiment across crypto and traditional finance.
SOL Price Rallies and Polymarket Odds Surge on ETF Hopes
Solana’s price wasted no time reacting to the news. The token jumped over 4.5% in a single day, with traders clearly positioning for an ETF approval in the coming weeks.
This optimism also spread to prediction markets. On Polymarket, bettors had already been bullish on a Solana ETF being approved by year’s end. But after this latest news, the odds of a July approval surged an incredible 45%, showing a huge shift in sentiment.
Meanwhile, other altcoin ETF lagged behind. XRP, for example, saw only a modest 4% bump in July approval odds. December approval odds for XRP actually declined slightly, showing that enthusiasm is still centered on Solana right now.
Solana ETF Approval Odds. Source: Polymarket – Techtoken
Despite a recent rough patch that saw SOL’s price fall last month, this ETF buzz comes at a perfect time. The token has already started to recover this week, and further positive news could fuel even stronger gains.
The broader crypto market has recently seen other notable trends, from the rise of Pump.fun AI trading bots to cautionary tales of crypto trading gone wrong. Amidst this backdrop, Solana’s ETF momentum stands out as one of the few clear bullish signals.
It’s also worth noting that some traders remain wary after recent Bitcoin price glitches, highlighting the need for reliable price discovery as crypto ETFs gain traction.
Finally, industry insiders like James W have continued to stress the importance of regulatory clarity. A Solana ETF approval could mark a major step forward in that direction.
It’s still impossible to say exactly when the SEC will give a final green light. But after months of delays, the signs of progress on Solana ETF Approval are clearer than ever — and the market is taking notice.
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