🎁🎁VanEck's Solana Statement! Will the SOL ETF Come? 🎁🎁

2024 was a year in which critical decisions were made for Bitcoin and Ethereum. Because the SEC approved spot Bitcoin ETFs in January and then accepted spot Ethereum ETFs.

After Bitcoin and Ethereum, spot ETFs are also expected to be approved for altcoins such as Solana (SOL) and XRP.

At this point, it is highly likely that Solana ETFs will be approved in 2025. Polymarket users evaluate the probability of the Solana ETF being approved by the SEC in 2025 as 77%.

However, contrary to this estimate on Polymarket, VanEck's head of digital asset research, Matthew Sigel, stated that he found this rate low. Sigel stated that the probability of the Solana ETF being approved in 2025 is actually much higher. He even made a similar prediction in November 2024, emphasizing that the probability of Solana ETF being approved in 2025 was quite strong.

As you may recall, the application to the SEC to list Solana ETFs was made in June 2024.

Matthew Sigel also stated that Solana offers a better user experience than Ethereum.

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