CME Exchange Lists Solana Futures as ETF Approval Odds Hit 90%
Bloomberg Intelligence now assigns a 90% probability to U.S. regulators approving a Solana ETF, a significant increase from February’s 70% estimate. This regulatory Optimism coincides with Solana futures open interest nearing record highs at $5.75 billion on the CME exchange, indicating strong institutional demand.
The CME’s March listing of Solana-based futures contracts has established critical infrastructure for ETF adoption. Six asset managers currently await SEC approval for $SOL ETFs, with market participants anticipating a potential price surge should these products launch.
Solana’s ecosystem altcoins are gaining attention as investors position for potential spillover effects from institutional adoption. The network’s technical advantages—high throughput and low transaction costs—continue to drive developer activity and DeFi TVL growth.