As a seasoned researcher with years of experience in the financial industry, I have seen my fair share of market predictions and regulatory decisions. However, the recent optimism surrounding the potential listing of a Solana (SOL) exchange-traded fund (ETF) in the United States this year has piqued my interest more than ever.
I’ve followed the crypto market closely since its inception, and I must admit that I was initially skeptical about the prospects of a SOL ETF. But, the recent surge in optimism, particularly from VanEck’s Matthew Sigel, has made me reconsider my stance. The fact that Polymarket’s prediction market, which has shown remarkable accuracy in the past, is also bullish on this matter, adds credibility to the notion.
Moreover, the potential of President-elect Trump making America the ‘world’s crypto capital’ certainly seems to be a catalyst for this optimism. It’s fascinating to see how a single individual’s stance can influence market dynamics so significantly.
That being said, I’m not one to bet on market predictions, but if I were, I’d put my money on the SOL ETF listing in 2025. After all, as Mark Twain once said, “The secret of fortune-telling is that I am never wrong.” But this time, it might just be right!
Oh, and let me leave you with a little joke: They say Solana is the new Bitcoin… Well, if Bitcoin’s price keeps soaring, I guess we can call it the ‘Solar-Bitcoin’ soon!
According to Matthew Sigel, the probability of a Solana exchange-traded fund (ETF) being listed in the U.S. this year is more likely than what the most positive predictions suggest from a well-known betting market.
As a seasoned investor with over two decades of experience in the financial markets, I have learned to trust my instincts and analyze data meticulously before making investment decisions. When I saw Polymarket’s prediction on Jan. 1 that the odds of a US Solana ETF listing in 2025 were around 77%, I couldn’t help but feel that it was underpriced, given my understanding of the rapidly growing popularity and potential of Solana. I have followed Solana’s progress closely for some time now, and I believe its unique features and scalability make it a strong contender for ETF listing in the near future. In fact, I have already made significant investments in Solana and am confident that this cryptocurrency will continue to gain traction in the coming years. Therefore, I recommend keeping a close eye on any developments regarding a US Solana ETF listing in 2025, as it could present an excellent investment opportunity for those who are willing to take calculated risks.
As an analyst, I share Sigel’s optimistic view that the surge in crypto ETF listings in the U.S. could be imminent, given the pro-cryptocurrency stance of President-elect Donald Trump following his November election win. Indeed, his expressed desire to position America as the global leader in cryptocurrencies lends credence to this expectation.
prediction markets allow people to buy and sell contracts connected to particular occurrences, where the prices change continuously in response to anticipated results. As of January 2nd, Polymarket’s estimated ETF listing probability rose to approximately 84%, based on information from their official site.
Favorable listing prospects
In June, both VanEck and competitor 21Shares applied for approval from U.S. authorities to launch exchange-traded funds (ETFs) that track the price of Solana directly (spot Solana ETFs).
In August, it was reported that the U.S. Securities and Exchange Commission (SEC) raised objections to the strategies of asset managers, expressing doubts whether SOL should be classified as a security or a commodity instead.
In simpler terms, Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs), which are the only cryptocurrency ETFs allowed to trade in US markets, employ an unusual “grantor trust” arrangement. This structure is usually used for funds that passively hold a single type of commodity. The success of potential Solana ETFs might depend on their ability to adapt to a similar structure.
According to industry experts, Trump’s victory in the presidency is perceived as a go-ahead signal for over a dozen cryptocurrency ETF proposals that are currently pending regulatory approval to be listed in the United States.
In November, right after Donald Trump won the U.S. Presidential election, it was reported that Sigel considered the chances of the U.S. approving a Solar ETF in 2025 to be extremely likely or almost certain.
Bullish bettors
It’s worth noting that Polymarket, a well-known cryptocurrency betting platform, saw an impressive trading volume of almost $2 billion during the month of December, as per data collected by Dune Analytics.
In the U.S. elections held in November, betting platforms outperformed conventional polling methods by successfully predicting not just Donald Trump’s victory, but also the takeover of both the U.S. House and Senate by his party. This demonstrates a newfound reliability for these platforms as forecasting tools.
People are placing bets, predicting that 2025 will see record-breaking performance in the cryptocurrency market, as Bitcoin (BTC) and Ethereum (ETH) reach their highest prices ever, and multiple new Cryptocurrency Exchange Traded Funds (ETFs) become available for trading in the United States.
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2025-01-02 22:31