The crypto market may soon undergo a significant transformation with the potential approval of Solana Exchange-Traded Funds (ETFs) in June, according to industry experts. For years, investors have sought regulated products like ETFs to diversify their crypto holdings. Now, this could be a reality for Solana as the SEC gears up to approve these new financial instruments. This move is particularly noteworthy due to the recent reclassification of cryptocurrencies by the administration, placing them under the purview of the Commodity Futures Trading Commission (CFTC) instead of the Securities and Exchange Commission (SEC). Several major asset managers, including Fidelity, Grayscale, and 21Shares, have already submitted applications for Solana ETFs. The impact would be substantial for Solana, which is increasingly seen as a serious competitor to Ethereum due to its speed and scalability. A successful launch would pave the way for even wider adoption of Solana in traditional investment portfolios.