Cryptocurrency forecasting platform Polymarket has previously said that the likelihood of a U.S. Solana ETF coming to market in 2025 is around 77 percent, a prediction that VanEck's head of research, Matthew Sigel, said was “underestimated. In June 2024, VanEck and rival asset manager 21Shares sought permission from U.S. regulators to list a spot Solana ETF, and last November, shortly after Trump's victory in the U.S. presidential race, Matthew Sigel said the likelihood of the U.S. approving a Sol ETF in 2025 was “extremely high”. “extremely high”.