VanEck Predicts Solana ETF Breakthrough By 2025

The race for crypto ETFs is taking a decisive turn. While the United States struggles to approve funds other than those related to Bitcoin and Ether, cautious optimism now surrounds Solana. According to Matthew Sigel, head of crypto research at VanEck, the chances of approval for a Solana ETF before the end of 2025 are “significant.” This issue goes beyond the technical framework, as it illustrates a potential shift in regulatory attitude, driven by recent political upheavals and increasing market dynamics.

A favorable political and regulatory dynamic

The anticipation surrounding a Solana ETF largely rests on the recent evolution of the American political landscape. Thus, Donald Trump’s re-election could transform the approach of the Securities and Exchange Commission (SEC). Under the Biden administration, the SEC adopted a stringent stance, as it has initiated over 100 regulatory actions against crypto companies. In contrast, Trump, known for his pro-economic freedom positions, could appoint a libertarian leadership at the SEC, which would facilitate the introduction of new financial products.

“We expect the SEC to approve more crypto products than it has in the past four years,” Sigel stated. He adds that this new scenario could pave the way for a Solana ETF as early as next year. The filings for similar funds, which include XRP and Litecoin, signal an increased willingness among asset managers to diversify the options available to investors. A similar dynamic is observed in Europe, where more than 30 crypto ETFs are already in circulation.

Towards a diversification of investment opportunities

The prospect of a Solana ETF fits into a broader strategy for democratizing crypto. These funds offer investors simplified and regulated exposure to crypto, without requiring direct management. Such a product could accelerate the adoption of altcoins among an institutional audience still hesitant. According to Éric Balchunas, an analyst at Bloomberg Intelligence, current filings are perceived as “call options on a Trump victory.” This hypothesis reflects confidence in a more permissive regulatory climate.

Beyond the immediate effect on Solana, such a development would transform the crypto ecosystem as a whole. Matt Hougan, chief investment officer at Bitwise, notes that regulatory “headwinds” have stifled innovation and adoption. “Imagine what will happen when these barriers disappear,” he emphasizes. In the long term, this could also encourage regulators to standardize approval criteria for ETFs indexed on baskets of crypto, further expanding the universe of crypto investments.

The potential arrival of a Solana ETF does not exclusively mark progress for this network, but announces a decisive step towards the normalization of crypto. This product would help bridge the gap between traditional finance and decentralized finance. If predictions hold true, 2025 could become a pivotal year for the industry, with massive investment flows, solidifying the position of altcoins in institutional portfolios. The question remains: will regulators be ready to support this movement? Time will tell.