A surge in confidence for a U.S. Solana exchange-traded fund (ETF) is driving increased betting on the possibility of approval. According to Polymarket, a decentralized betting platform, traders currently give a 77% probability that the SEC will approve a Solana ETF by December 31, 2025. This prediction comes after last week’s debut of spot Solana ETFs in Canada, which saw notable success on the Toronto Stock Exchange (TSX). Notably, these Canadian ETFs are backed by direct SOL holdings and feature staking features—a first for any publicly listed Solana product. However, despite growing momentum in this space, a U.S. Solana ETF remains unapproved. Yet, seven prominent U.S. asset managers – including Fidelity, VanEck, Franklin Templeton, and Grayscale – are preparing to launch their own Solana ETFs. This market speculation has fueled the betting activity on Polymarket. 77% chance of approval by December 31, 2025. The Polymarket contract has seen over $135,689 in bets, resolving to