Crypto: Solana ETFs Are Set To Launch In June According To 21Shares

The crypto market could soon experience a new major phase with the imminent approval of Solana ETFs. For several years, investors have been looking to diversify their crypto portfolios through regulated financial products. The introduction of ETFs based on assets like Bitcoin and Ethereum has already shown increasing interest. Today, Solana might well follow this trend.

Crypto: are Solana ETFs on the verge of being approved in June?

The signs of approval for Solana ETFs are now more visible than ever. In May 2025, several experts, including 21Shares, estimate that the SEC could give its green light to this financial product. This change is all the more noteworthy as the current administration has reclassified cryptocurrencies as commodities, thus placing them under the oversight of the CFTC (Commodity Futures Trading Commission) rather than the SEC.

Several major asset managers, including Fidelity, Grayscale, and 21Shares, have already submitted their applications to launch Solana ETFs. The impact of such an approval would be considerable for Solana, whose popularity continues to grow in the crypto sector. As a fast blockchain with high scalability, Solana is seen as a serious alternative to Ethereum for many use cases. Once the ETFs are approved, this would pave the way for even wider adoption of Solana in traditional investment portfolios.

Towards new heights?

The probable approval of these Solana ETFs would strengthen the position of crypto in the global financial market, allowing more institutional and retail investors to access Solana through secure financial instruments. This evolution could catalyze the explosion of crypto SOL and propel Solana towards a new ATH! However, several external factors and the inherent volatility of crypto markets could hinder this performance.

The imminent approval of Solana ETFs could therefore transform the crypto ecosystem, offering Solana a unique opportunity to strengthen its position in the market. If this evolution materializes, it could stimulate adoption and demand, potentially propelling SOL to 520 dollars this year, according to VanEck.