Solana ETFs may take until 2026: Bloomberg Intelligence
Solana (SOL) exchange-traded funds (ETFs) may not launch in the U.S. until 2026, according to Bloomberg Intelligence analyst James Seyffart. The SEC's review process typically takes 240–260 days, and ongoing lawsuits against cryptocurrency exchanges regarding SOL as an unregistered security complicate matters. President-elect Donald Trump’s administration may influence the situation, as he aims to appoint industry-friendly leaders to key financial regulatory positions. Under President Biden, the SEC has aggressively regulated crypto, resulting in many Solana ETF filings being effectively denied. In 2024, asset managers submitted numerous regulatory filings for ETFs involving altcoins like SOL, XRP, and Litecoin. Some analysts believe the chances of a SOL ETF listing before the end of 2025 are high, contrasting Seyffart's outlook.
