Solana ETFs finally launched: So why isn’t SOL trading far above $200?

Key points: Traders and analysts were highly bullish on SOL (SOL) throughout September, citing the US Securities and Exchange Commission’s Oct. 10 deadline for a portion of the spot ETF approvals and the stellar performance of the BTC and ETH ETFs as the thesis for positioning ahead of the event. A…

Oct 30, 2025 - 07:00
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Solana ETFs finally launched: So why isn’t SOL trading far above $200?
Key points: Traders and analysts were highly bullish on SOL (SOL) throughout September, citing the US Securities and Exchange Commission’s Oct. 10 deadline for a portion of the spot ETF approvals and the stellar performance of the BTC and ETH ETFs as the thesis for positioning ahead of the event. A…

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