Polymarket predicts that the probability of spot Solana ETF approval before July next year will rebound to 71%

Odaily Planet Daily News: Polymarket predicts that the likelihood of the US SEC approving spot Solana ETF applications before July 31, 2025 has risen to 71%. Analysis indicates that President elect Trump is about to take office, and subsequently Paul Atkins has been nominated as SEC Chairman, which further increases the possibility of SOL ETF approval. Trump also began forming a cryptocurrency committee, appointing Bo Hines as executive director and former PayPal executive David Sacks as the "crypto czar". Yesterday, Nate Geraci, President of The ETF Store, revealed that Volatility Shares has submitted an application to US regulators to launch a leveraged ETF based on Solana futures. Eric Balchunas, Senior ETF Analyst at Bloomberg, wrote on X platform that if the Solana futures ETF is approved for launch, it may push the spot Solana ETF to go public.