News View Non-AMP

Solana ETF To Get Launch In 2025 Says Senior Bloomberg Analyst

Published by
Mustafa Mulla

After Bitcoin & Ethereum ETF, now VanEck, a prominent investment management firm based in New York City, has filed for a Solana ETF. However, doubts hover over whether the current administration will approve it. Notably, Senior Bloomberg ETF Analyst James Seyffart predicts that a Solana ETF could hit the market by 2025.

Solana ETF To Launch By 2025

In a recent tweet post Matthew Sigel, head of digital assets research at VanEck, announced that the firm has submitted a filing to the U.S. Securities and Exchange Commission (SEC) for a Solana ETF.

However, the new fund, called the VanEck Solana Trust, aims to capitalize on Solana’s decentralized nature, high utility, and economic feasibility. Sigel mentioned that this is the first filing for a Solana ETF in the United States.

VanEck’s filing specifies that if approved by the SEC, the VanEck Solana Trust will be listed on the Cboe BZX Exchange. This development comes shortly after Canadian investment firm 3iQ Corp filed a preliminary prospectus for the Solana (SOL) Fund (QSOL) in Canada.

James Seyffart suggests that the Solana ETF might only get a chance to launch in 2025. This would depend on changes in the White House and the SEC. Right now, the current administration makes it hard for new ETFs to get approved.

However, this move is expected to draw a lot of attention from investors and industry experts.

What’s Next?

With traditional investors increasingly drawn to these ETFs, attention has now shifted to Ethereum ETFs expected to debut this year. The recent filing for a Solana ETF by VanEck could signal a similar trajectory for Solana, potentially paving the way for further ETF products in the market. 

Analysts like Seyffart suggest that major firms such as BlackRock, Grayscale, and Franklin Templeton might follow suit, leading to a new phase of growth for SOL.

Also Read: Politifi Memecoins Plummet After Trump vs Biden Presidential Debate 2024

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Recent Posts

Undervalued Crypto With Real Utility? This $0.03 Lending Token Could Do What Binance Coin (BNB) Did in 2020

In the crypto space, utility-driven tokens have historically demonstrated explosive growth, with Binance Coin (BNB)…

June 28, 2025

Will XRP Price Hit $5 in 2025?

After nearly four years, Ripple has officially ended its long-running legal battle with the U.S.…

June 28, 2025

Altcoin Bull Run Ahead? Top Analyst Says the Bottom Is In!

Altcoins may have just hit rock bottom — and that might be great news for…

June 28, 2025

Ripple SEC Lawsuit Ends – XRP ETF Incoming? Price Set to Break $3 Soon!

After 4 years of long courtroom drama, Ripple’s legal fight with the SEC has finally…

June 28, 2025

Gemini Launches Tokenized US Stocks in EU, Starting With MicroStrategy (MSTR)

Cryptocurrency exchange, Gemini, has announced the launch of its first tokenized US stock, MicroStrategy (MSTR),…

June 28, 2025

Why Altcoin Season Isn’t Here Yet?

Altcoin season has not arrived yet, and expert Benjamin Cowen has explained why in his…

June 28, 2025