Bloomberg Analyst Confident Solana ETF Approval Will Reach 100%

Optimism surrounding the approval of a Spot Solana (SOL) Exchange-Traded Fund (ETF) has intensified after Bloomberg senior ETF analyst Eric Balchunas projected that the likelihood of approval has now reached 100 percent. Previously, the probability had been estimated at around 95 percent.

According to a report from Crypto Briefing, Balchunas’ confidence was driven by changes to the generic listing standards enforced by the Securities and Exchange Commission (SEC). He argued that the 19b-4 form no longer carries significant weight in the altcoin ETF approval process, leaving the S-1 registration filing as the only remaining obstacle.

In his remarks, cited by Binance News, Balchunas stated:

“Honestly, the probability of approval is truly 100% now… The universal listing standards have rendered the 19b-4 form meaningless.”

Nevertheless, several market observers have responded to this statement with caution. They noted that an important stage remains in the form of technical reviews of the registration documents. A source from The Block highlighted the existence of “constructive dialogue” — or positive back-and-forth — between ETF issuers and the SEC in recent weeks, signaling that the regulatory process is actively progressing.

If Balchunas’ projection proves accurate, the official approval of a Solana ETF is expected to unlock significant inflows of institutional capital into the Solana ecosystem. This development could substantially boost market liquidity while also triggering more dynamic price movements.

Even though the probability of approval has been described as 100 percent, crypto investors are still advised to remain cautious. Regulatory policy changes, legal interpretations, and technical hurdles in the filing process may still influence the final decision.