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SEC Challenges Ethereum and Solana ETFs Over Classification Concerns

Summary by Finbold
The chances of the Securities and Exchange Commission (SEC) approving a spot Solana (SOL) exchange-traded fund (ETF) in 2025 have soared to over 80%. As of June 1, the odds stood at 83%, reflecting a 9% increase in market confidence, according to data retrieved by Finbold from the prediction platform Polymarket. Polymarket’s chart tracking the question “Solana ETF approved in 2025?” revealed a volatile yet steadily rising trend in approval odds …
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CryptoPanic broke the news in on Sunday, June 1, 2025.
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