According to TechFlow, Wintermute founder and CEO Evgeny Gaevoy said on the X platform that the possibility of SOL ETF being approved this year is almost zero, and he believes it is unrealistic to hope that the Trump administration will make it a priority.

He pointed out that although Wintermute has long supported SOL and ETH, it should not be over-hyped and cryptocurrency adoption takes time. Gaevoy also mentioned that even if the ETH ETF is approved, the inflow will be small, which indicates that even if the SOL ETF is approved, the inflow will be even smaller.