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Solana ETF Approval on the Horizon: SEC Accelerates Review Process

Solana ETF Approval on the Horizon: SEC Accelerates Review Process

Author:
SOL News
Published:
2025-06-11 17:56:49
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[TRADE_PLUGIN]SOLUSDT,SOLUSDT[/TRADE_PLUGIN]

The U.S. Securities and Exchange Commission (SEC) has taken a significant step toward approving Solana-based exchange-traded funds (ETFs), signaling a potential breakthrough in the crypto regulatory landscape. In a move reminiscent of its historic approval of spot Bitcoin ETFs earlier this year, the SEC has requested amendments to S-1 filings from ETF issuers, bringing SOL investment products closer to market. This development underscores the growing institutional acceptance of cryptocurrencies and could pave the way for increased adoption of Solana as a mainstream investment asset. As of June 2025, this regulatory progress has sparked Optimism among investors, with many anticipating a bullish trajectory for SOL''s price once the ETFs gain approval. The accelerated review process reflects the SEC''s evolving stance on digital assets and highlights Solana''s rising prominence in the blockchain ecosystem. Market analysts suggest this could trigger a wave of institutional capital inflows into Solana, potentially mirroring the positive impact seen after Bitcoin ETF approvals.

SEC Accelerates Solana ETF Review Process

The U.S. Securities and Exchange Commission has signaled potential approval for Solana-based exchange-traded funds, marking a significant development in the crypto regulatory landscape. Regulators requested amendments to S-1 filings from ETF issuers, a critical step toward bringing SOL investment products to market.

This move follows the SEC''s historic approval of spot Bitcoin ETFs earlier this year and suggests growing institutional acceptance of alternative layer-1 blockchain assets. Solana joins ethereum in the queue for crypto investment vehicles, potentially opening new capital channels for the high-performance blockchain.

Solana’s Price Test: Bulls and Bears Clash as SOL Eyes $200

Solana is back in the spotlight as its price action becomes increasingly volatile. Over $420 million worth of SOL has flooded back onto exchanges in just nine days, signaling heightened uncertainty among investors. This follows a late-May accumulation phase driven by FOMO, now giving way to profit-taking behavior.

Technical analysts spot a potential parabolic MOVE brewing. A cup-and-handle formation suggests SOL could break toward $200, with some chartists eyeing $1,000 as the next psychological target if momentum confirms. The tug-of-war between bulls and bears continues, with exchange balances serving as the battlefield.

Institutional and retail traders alike are watching Solana''s next moves closely. The asset''s ability to hold key support levels while facing repeated resistance will determine whether this becomes a breakout or a bull trap. Market participants should brace for continued volatility as SOL tests critical technical thresholds.

90% Chance for Solana ETFs in 2025 – Is SOL the Next Institutional Darling?

Bloomberg analysts project a 90% likelihood of U.S. spot solana ETF approvals by 2025, with potential launch as early as this summer. SEC discussions now include staking mechanics, signaling advanced negotiations with issuers like VanEck and 21Shares.

Market sentiment aligns with a ''SOL Summer'' narrative as Eric Balchunas highlights Solana''s pole position in the coming altcoin ETF wave. Regulatory maneuvering by Rex-Osprey may have accelerated the timeline, with final decisions expected by October.

Solana’s Cool-Off May Signal Bullish Momentum Ahead of Spot ETF Approval

Solana''s recent cooling period, characterized by low trading volumes, may precede a significant rally. Market analysts interpret this lull as a bullish reset, particularly with potential catalysts like a spot ETF approval on the horizon.

CryptoQuant data reveals declining spot and futures volumes for Solana, sparking debates about waning interest. Yet, this slowdown aligns with historical market cycles where consolidation precedes upward moves. Burak Kesmeci of CryptoQuant notes, "We’re currently observing a cooling trend in Solana’s on-chain metrics," framing it as an early-stage opportunity.

Institutional interest appears to be building quietly. The prospect of a Solana spot ETF—following Bitcoin and Ethereum’s precedent—could ignite fresh capital inflows. Technical indicators are beginning to mirror this optimism, setting the stage for what traders colloquially call a "Solana Summer."

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