CME futures activity points to a higher probability for a Solana ETF, with seven funds under review

CME’s futures activity suggests institutional interest in Solana as they accounted for 10% of trading in May. This increased participation indicates a solid potential for a Solana ETF.

Despite SOL’s recent price drop below 130 USD, market forecasts show a 91% probability for a Solana ETF, with traders positioning for potential gains.

The recent listing of VanEck’s ticker VSOL has created expectations for an ETF launch, reminiscent of previous approvals and could stimulate significant interest in SOL.