Odds of 2025 US Solana ETF listing top 77%: VanEck research head

Summary

The likelihood of a Solana (SOL) exchange-traded fund (ETF) listing in the United States this year is considered higher than previous forecasts, with Polymarket estimating a 77% chance for 2025. Matthew Sigel from VanEck describes this prediction as “underpriced.” Following Donald Trump's election win, industry expectations for more crypto ETF listings have increased. Polymarket's odds for a Solana ETF listing rose to approximately 84% by January 2. In June, VanEck and 21Shares sought regulatory approval for spot Solana ETFs, but the SEC raised concerns about SOL's classification as a security. Analysts view Trump's presidency as favorable for over half a dozen proposed crypto ETFs awaiting approval. Polymarket recorded nearly $2 billion in trading volume in December, reflecting optimism for a strong 2025 in cryptocurrency markets, with expectations for BTC and ETH to reach all-time highs.