The probability of the Solana ETF being approved before July 31 next year on Polymarket has risen to 71%

The likelihood of the U.S. SEC approving a spot Solana ETF application on Polymarket by July 31, 2025 has risen to 71%. Yesterday's news revealed that Nate Geraci, President of The ETF Store, disclosed that VolatilityShares has submitted an application to U.S. regulators to launch a leveraged ETF based on Solana futures. In response, Bloomberg senior ETF analyst Eric Balchunas posted on platform X saying that if this Solana futures ETF is approved and launched it could drive the listing of a spot Solana ETF.