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The SEC approved spot Bitcoin and Ethereum ETFs in 2024, establishing precedent for crypto ETF approvals. Solana is the next most likely candidate given its market cap and ecosystem. Multiple asset managers have filed 19b-4 applications. However, the SEC's stance on whether SOL is a security remains a critical question — the Howey test analysis for SOL is more ambiguous than for BTC/ETH. A more crypto-friendly SEC under a new administration could accelerate approval.
Last updated: Mar 2, 2026
Resolves YES if the SEC approves a spot SOL ETF for trading on a US exchange before January 1, 2028. Futures-based ETFs do not qualify.
Source: SEC EDGAR Filings / SEC Order Approving Exchange Rule Change
Expected resolution: January 15, 2028
Outcome tokens pay $1.00 if the outcome resolves YES.
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